Quarterhill (TSE:QTRH) Reaches New 52-Week Low – Time to Sell?

Quarterhill Inc. (TSE:QTRH)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.92 and last traded at C$0.93, with a volume of 78386 shares changing hands. The stock had previously closed at C$0.95.

Quarterhill Trading Down 2.1%

The firm has a market cap of C$108.89 million, a price-to-earnings ratio of -5.47, a price-to-earnings-growth ratio of 0.46 and a beta of 0.75. The business’s 50 day moving average price is C$1.07 and its 200-day moving average price is C$1.25. The company has a debt-to-equity ratio of 47.89, a quick ratio of 2.58 and a current ratio of 1.31.

Quarterhill (TSE:QTRH) last announced its quarterly earnings data on Thursday, November 6th. The company reported C($0.04) earnings per share (EPS) for the quarter. The firm had revenue of C$55.34 million for the quarter. Quarterhill had a negative net margin of 15.57% and a negative return on equity of 17.95%. Equities analysts expect that Quarterhill Inc. will post 0.0200567 EPS for the current year.

About Quarterhill

Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. The company operates in two segments: Licensing, which includes companies that count licensing as their principal business activity; and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets.