Quarterhill (TSE:QTRH) Reaches New 52-Week Low – Should You Sell?

Quarterhill Inc. (TSE:QTRH)’s stock price reached a new 52-week low on Tuesday . The company traded as low as C$0.90 and last traded at C$0.92, with a volume of 458923 shares changing hands. The stock had previously closed at C$0.92.

Quarterhill Stock Performance

The company has a debt-to-equity ratio of 47.89, a quick ratio of 2.58 and a current ratio of 1.31. The stock has a market capitalization of C$107.72 million, a PE ratio of -5.41, a price-to-earnings-growth ratio of 0.46 and a beta of 0.75. The business’s 50-day moving average is C$1.02 and its two-hundred day moving average is C$1.21.

Quarterhill (TSE:QTRH) last announced its quarterly earnings data on Thursday, November 6th. The company reported C($0.04) EPS for the quarter. The firm 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, equities research analysts anticipate that Quarterhill Inc. will post 0.0200567 earnings per share for the current year.

Quarterhill Company Profile

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.