Wi-LAN (OTCMKTS:QTRHF – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.13) earnings per share for the quarter, Zacks reports. Wi-LAN had a negative net margin of 31.39% and a negative return on equity of 56.49%.
Wi-LAN Price Performance
OTCMKTS QTRHF traded down $0.22 during mid-day trading on Tuesday, hitting $1.76. The stock had a trading volume of 9,350 shares, compared to its average volume of 34,431. The firm’s 50 day moving average is $1.96 and its 200 day moving average is $1.44. The stock has a market capitalization of $253.33 million, a price-to-earnings ratio of -4.20 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.09. Wi-LAN has a twelve month low of $0.64 and a twelve month high of $2.36.
About Wi-LAN
Wi-LAN is an intellectual property licensing company that develops, acquires and monetizes patents used in communications, consumer electronics, automotive systems and other technology applications. Its business generally involves negotiating licensing agreements with companies whose products or services incorporate technologies covered by Wi-LAN’s patent portfolios.
The company has historically focused on wireless communication standards and related technologies, including inventions used in mobile networks, wireless connectivity and digital devices.
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