Quarterhill Inc. (OTCMKTS:QTRHF – Get Free Report)’s share price dropped 3.8% during trading on Monday . The company traded as low as $1.14 and last traded at $1.15. Approximately 5,351 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 27,927 shares. The stock had previously closed at $1.19.
Analyst Upgrades and Downgrades
Separately, Cibc World Mkts upgraded Quarterhill to a “strong-buy” rating in a research report on Monday, August 12th.
View Our Latest Stock Report on QTRHF
Quarterhill Trading Up 0.9 %
Quarterhill Company Profile
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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