Quarterhill (TSE:QTRH) Shares Climb 9.7% – Here’s What Happened

Posted by Geri Gentry on Sep 28th, 2026

Quarterhill Inc. (TSE:QTRH – Get Free Report) shares shot up 9.7% on Monday. The stock traded as high as C$2.96 and last traded at C$2.95. Approximately 409,560 shares changed hands during mid-day trading, an increase of 84% from the average daily volume of 222,618 shares. The stock had previously closed at C$2.69.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets raised Quarterhill from an “outperform” rating to a “top pick” rating and upped their price target for the stock from C$4.40 to C$5.00 in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy” and an average target price of C$5.00.

View Our Latest Research Report on QTRH

Quarterhill Trading Up 7.8%

The company has a quick ratio of 2.58, a current ratio of 1.19 and a debt-to-equity ratio of 93.85. The company has a market capitalization of C$412.38 million, a P/E ratio of -6.74, a P/E/G ratio of 0.46 and a beta of -0.06. The firm’s 50-day moving average price is C$2.73 and its 200 day moving average price is C$2.06.

Quarterhill (TSE:QTRH – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported C($0.07) earnings per share for the quarter. The business had revenue of C$60.40 million during the quarter. Quarterhill had a negative net margin of 31.81% and a negative return on equity of 56.86%. As a group, equities research analysts predict that Quarterhill Inc. will post 0.0200567 earnings per share for the current year.

Insider Buying and Selling at Quarterhill

In related news, Director Stephen A. Smith bought 13,000 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were bought at an average price of C$3.04 per share, for a total transaction of C$39,520.00. Following the completion of the acquisition, the director directly owned 30,000 shares of the company’s stock, valued at C$91,200. This trade represents a 76.47% increase in their ownership of the stock. 1.72% of the stock is owned by corporate insiders.

Quarterhill Company Profile

(Get Free Report)

Quarterhill is a global leader in the Intelligent Transportation System (ITS) industry, advancing mobility through smart infrastructure solutions that reduce congestion, improve roadway safety, and create more sustainable travel. Each year, Quarterhill’s platforms process billions of transactions, perform compliance and safety inspections on millions of commercial vehicles, and enable transportation agencies worldwide to optimize thousands of lanes of traffic to improve travel for everyone. Leveraging advanced artificial intelligence and machine learning technologies, Quarterhill’s platform delivers automation and predictive insight to help agencies manage transportation networks more efficiently.