Quarterhill (TSE:QTRH) Sets New 12-Month Low – Here’s Why

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

Quarterhill Price Performance

The company has a quick ratio of 2.58, a current ratio of 1.37 and a debt-to-equity ratio of 46.79. The company has a 50 day simple moving average of C$1.67 and a 200-day simple moving average of C$1.69. The stock has a market cap of C$178.81 million, a price-to-earnings ratio of -6.38, a PEG ratio of 0.46 and a beta of 0.66.

About Quarterhill

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.