Wi-LAN (OTCMKTS:QTRHF – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.13) EPS for the quarter, Zacks reports. Wi-LAN had a negative return on equity of 56.49% and a negative net margin of 31.39%.
Wi-LAN Price Performance
Wi-LAN stock traded down $0.22 during mid-day trading on Tuesday, hitting $1.76. The stock had a trading volume of 9,350 shares, compared to its average volume of 34,431. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 0.38. The firm’s 50 day moving average is $1.96 and its 200 day moving average is $1.44. Wi-LAN has a one year low of $0.64 and a one year high of $2.36. The firm has a market capitalization of $253.33 million, a P/E ratio of -4.20 and a beta of 1.21.
Wi-LAN Company Profile
Wi-LAN is an intellectual property licensing company that develops, acquires and monetizes patents used in communications, consumer electronics, automotive systems and other technology applications. Its business generally involves negotiating licensing agreements with companies whose products or services incorporate technologies covered by Wi-LAN’s patent portfolios.
The company has historically focused on wireless communication standards and related technologies, including inventions used in mobile networks, wireless connectivity and digital devices.
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