Wi-LAN Inc (OTCMKTS:QTRHF – Get Free Report)’s share price passed below its 50 day moving average during trading on Tuesday. The stock has a 50 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 traded.
Wi-LAN Trading Down 9.1%
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 has a market cap of $258.64 million, a PE ratio of -4.29 and a beta of 1.21. The company’s 50-day moving average is $1.95 and its 200 day moving average is $1.45.
About Wi-LAN
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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