Wi-LAN (OTCMKTS:QTRHF) Shares Break Below 50-Day Moving Average – Time to Sell?

Wi-LAN Inc (OTCMKTS:QTRHF) shares crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $1.95 and traded as low as $1.6980. Wi-LAN shares last traded at $1.80, with a volume of 101,835 shares trading hands.

Wi-LAN Trading Down 0.6%

The stock’s fifty day moving average price is $1.95 and its 200 day moving average price is $1.46. The company has a quick ratio of 1.09, a current ratio of 1.19 and a debt-to-equity ratio of 0.38.

Wi-LAN (OTCMKTS:QTRHF) last announced its quarterly earnings data on Tuesday, November 10th. The company reported ($0.13) earnings per share for the quarter. The company had revenue of $43.16 million for the quarter, compared to the consensus estimate of $42.85 million. Wi-LAN had a negative net margin of 37.94% and a negative return on equity of 77.66%.

Wi-LAN Company Profile

Wi-LAN is an intellectual-property licensing business that develops, acquires and manages patent portfolios, then licenses those patents to companies whose products or services use the covered technologies. Its work includes negotiating licensing agreements and, when needed, pursuing legal action to protect patent rights. The company’s patent interests span areas such as wireless communications, digital television, consumer electronics, semiconductors and automotive technology. Its licensing activities reach businesses in multiple markets around the world.