Quarterhill (TSE:QTRH) Shares Down 7.1% – What’s Next?

Quarterhill Inc. (TSE:QTRH)’s stock price traded down 7.1% on Friday . The company traded as low as C$1.05 and last traded at C$1.05. 126,786 shares traded hands during trading, an increase of 30% from the average session volume of 97,424 shares. The stock had previously closed at C$1.13.

Quarterhill Stock Down 7.1%

The company has a debt-to-equity ratio of 51.24, a current ratio of 0.99 and a quick ratio of 2.58. The company has a market cap of C$122.94 million, a P/E ratio of -6.18, a PEG ratio of 0.46 and a beta of 0.69. The stock has a 50-day moving average of C$0.97 and a 200 day moving average of C$1.01.

Quarterhill Company Profile

Quarterhill is a global leader in the Intelligent Transportation System (ITS) industry, advancing mobility through smart infrastructure solutions that reduce congestion, improve roadway safety, and create more sustainable travel. Each year, Quarterhill’s platforms process billions of transactions, perform compliance and safety inspections on millions of commercial vehicles, and enable transportation agencies worldwide to optimize thousands of lanes of traffic to improve travel for everyone. Leveraging advanced artificial intelligence and machine learning technologies, Quarterhill’s platform delivers automation and predictive insight to help agencies manage transportation networks more efficiently.