Wi-LAN (OTCMKTS:QTRHF) Stock Price Up 4.3% – Still a Buy?

Wi-LAN Inc (OTCMKTS:QTRHF)’s stock price rose 4.3% on Monday . The stock traded as high as $0.73 and last traded at $0.73. Approximately 3,000 shares traded hands during trading, a decline of 94% from the average daily volume of 50,313 shares. The stock had previously closed at $0.70.

Wi-LAN Stock Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 0.99 and a quick ratio of 0.90. The firm has a market capitalization of $86.12 million, a P/E ratio of -4.26 and a beta of 1.07. The stock’s 50 day moving average is $0.69 and its two-hundred day moving average is $0.73.

About Wi-LAN

Wi-LAN Inc, trading on the OTCMKTS as QTRHF, is a Canadian technology company specializing in licensing and monetizing intellectual property in the semiconductor and wireless communications sectors. Headquartered in Ottawa, Ontario, the company acquires, develops and licenses patents covering a range of technologies, with particular emphasis on standards-based innovations in cellular networking, Wi-Fi and Internet of Things (IoT) applications. Through patent sales and licensing agreements, Wi-LAN seeks to generate revenue from its extensive portfolio of proprietary technologies.

Originally founded in 1992, Wi-LAN has evolved its business model from technology development to intellectual property management and enforcement.