Quarterhill (TSE:QTRH) Hits New 12-Month Low – What’s Next?

Quarterhill Inc. (TSE:QTRH) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.90 and last traded at C$0.92, with a volume of 458923 shares trading hands. The stock had previously closed at C$0.92.

Quarterhill Price Performance

The stock has a market capitalization of C$105.38 million, a price-to-earnings ratio of -5.29, a P/E/G ratio of 0.46 and a beta of 0.75. The company has a quick ratio of 2.58, a current ratio of 1.31 and a debt-to-equity ratio of 47.89. The stock has a fifty day moving average of C$1.01 and a 200-day moving average of C$1.20.

Quarterhill (TSE:QTRH) last issued its quarterly earnings data on Thursday, November 6th. The company reported C($0.04) earnings per share for the quarter. Quarterhill had a negative return on equity of 17.95% and a negative net margin of 15.57%.The company had revenue of C$55.34 million for the quarter. On average, equities research analysts predict that Quarterhill Inc. will post 0.0200567 EPS for the current fiscal year.

About Quarterhill

Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. The company operates in two segments: Licensing, which includes companies that count licensing as their principal business activity; and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets.