Quarterhill Inc. (OTCMKTS:QTRHF - Get Free Report)'s share price traded down 3.8% during trading on Monday . The stock traded as low as $1.14 and last traded at $1.15. 5,351 shares were traded during trading, a decline of 81% from the average session volume of 27,927 shares. The stock had previously closed at $1.19.
Separately, Cibc World Mkts upgraded shares of Quarterhill to a "strong-buy" rating in a research report on Monday, August 12th.
Get Our Latest Research Report on QTRHF
The firm has a market cap of $132.47 million, a price-to-earnings ratio of -5.73 and a beta of 0.90. The firm has a 50 day moving average price of $1.22 and a 200-day moving average price of $1.23. 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 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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