Quarterhill (OTCMKTS:QTRHF) Upgraded to “Moderate Buy” at Cormark

Quarterhill (OTCMKTS:QTRHF) was upgraded by research analysts at Cormark to a “moderate buy” rating in a research note issued to investors on Thursday,Zacks.com reports. Cormark also issued estimates for Quarterhill’s FY2024 earnings at ($0.09) EPS, FY2025 earnings at $0.01 EPS and FY2026 earnings at $0.06 EPS.

Quarterhill Stock Up 0.3 %

Shares of OTCMKTS QTRHF opened at $1.05 on Thursday. The company has a market cap of $121.58 million, a price-to-earnings ratio of -3.00 and a beta of 0.90. The company has a current ratio of 1.48, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16. Quarterhill has a 12 month low of $1.03 and a 12 month high of $1.49. The stock has a 50-day moving average price of $1.13 and a two-hundred day moving average price of $1.16.

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.