Quarterhill (TSE:QTRH) Hits New 12-Month Low – Here’s What Happened

Quarterhill Inc. (TSE:QTRH)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.91 and last traded at C$0.92, with a volume of 238184 shares trading hands. The stock had previously closed at C$0.93.

Quarterhill Price Performance

The firm has a market cap of C$110.06 million, a price-to-earnings ratio of -5.53, a P/E/G ratio of 0.46 and a beta of 0.86. The company has a current ratio of 1.31, a quick ratio of 2.58 and a debt-to-equity ratio of 47.89. The stock’s fifty day moving average price is C$0.94 and its 200-day moving average price is C$1.11.

Quarterhill (TSE:QTRH) last posted its earnings results on Thursday, November 6th. The company reported C($0.04) earnings per share (EPS) for the quarter. Quarterhill had a negative return on equity of 17.95% and a negative net margin of 15.57%.The business had revenue of C$55.34 million for the quarter. As a group, equities research analysts forecast that Quarterhill Inc. will post 0.0200567 earnings per share for the current fiscal 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. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world.