Quarterhill (OTCMKTS:QTRHF) Shares Down 3.6%

Quarterhill Inc. (OTCMKTS:QTRHFGet Free Report)’s share price was down 3.6% on Friday . The company traded as low as $1.34 and last traded at $1.34. Approximately 1,800 shares were traded during trading, a decline of 88% from the average daily volume of 15,253 shares. The stock had previously closed at $1.39.

Quarterhill Stock Performance

The stock has a market capitalization of $154.41 million, a P/E ratio of -3.83 and a beta of 0.83. The company has a current ratio of 2.93, a quick ratio of 2.67 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average price of $1.26 and a two-hundred day moving average price of $1.34.

Quarterhill (OTCMKTS:QTRHFGet Free Report) last released its earnings results on Monday, May 13th. The company reported ($0.03) EPS for the quarter. Quarterhill had a negative return on equity of 17.76% and a negative net margin of 28.41%. The business had revenue of $25.89 million for the quarter.

About Quarterhill

(Get Free Report)

Quarterhill Inc, together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems.

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