Shares of Quarterhill Inc. (TSE:QTRH – Get Free Report) rose 6.4% during mid-day trading on Friday . The stock traded as high as C$1.00 and last traded at C$1.00. Approximately 156,405 shares were traded during trading, an increase of 60% from the average daily volume of 97,621 shares. The stock had previously closed at C$0.94.
Quarterhill Trading Up 6.4%
The company has a quick ratio of 2.58, a current ratio of 1.31 and a debt-to-equity ratio of 47.89. The business’s 50 day moving average is C$0.94 and its 200-day moving average is C$1.03. The firm has a market cap of C$117.09 million, a P/E ratio of -5.88, a price-to-earnings-growth ratio of 0.46 and a beta of 0.53.
About Quarterhill
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. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world.
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