Quarterhill (TSE:QTRH) Stock Price Down 0.6% – Here’s Why

Quarterhill Inc. (TSE:QTRH) shares traded down 0.6% on Friday . The company traded as low as C$1.67 and last traded at C$1.69. 47,300 shares changed hands during trading, a decline of 33% from the average session volume of 70,233 shares. The stock had previously closed at C$1.70.

Quarterhill Price Performance

The company has a market capitalization of C$138.44 million, a PE ratio of -4.40, a P/E/G ratio of 0.46 and a beta of 0.66. 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 50 day moving average price of C$1.63 and a two-hundred day moving average price of C$1.64.

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.