Quarterhill (TSE:QTRH) Reaches New 52-Week Low – Here’s Why

Quarterhill Inc. (TSE:QTRH) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$1.46 and last traded at C$1.49, with a volume of 173242 shares trading hands. The stock had previously closed at C$1.54.

Quarterhill Stock Performance

The company has a debt-to-equity ratio of 46.79, a quick ratio of 2.58 and a current ratio of 1.37. The company has a market cap of C$186.88 million, a price-to-earnings ratio of -6.46, a PEG ratio of 0.46 and a beta of 0.66. The firm’s 50-day moving average price is C$1.67 and its 200 day moving average price is C$1.69.

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.