Quarterhill (TSE:QTRH) Hits New 12-Month Low – Time to Sell?

Quarterhill Inc. (TSE:QTRH) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.90 and last traded at C$0.91, with a volume of 208033 shares traded. The stock had previously closed at C$0.93.

Quarterhill Stock Performance

The stock has a 50 day moving average of C$0.94 and a 200 day moving average of C$1.07. 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 firm has a market cap of C$106.55 million, a price-to-earnings ratio of -5.35, a P/E/G ratio of 0.46 and a beta of 0.86.

Quarterhill (TSE:QTRH) last posted its quarterly earnings results on Thursday, November 6th. The company reported C($0.04) EPS for the quarter. The business had revenue of C$55.34 million for the quarter. Quarterhill had a negative return on equity of 17.95% and a negative net margin of 15.57%. As a group, analysts anticipate 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. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world.