QANTM Intellectual Property (ASX:QIP) Trading Down 1.1%

QANTM Intellectual Property Ltd (ASX:QIP)’s stock price dropped 1.1% during mid-day trading on Friday . The company traded as low as A$1.30 ($0.92) and last traded at A$1.34 ($0.95), approximately 97,521 shares were traded during mid-day trading. The stock had previously closed at A$1.35 ($0.96).

The company has a market capitalization of $177.62 million and a price-to-earnings ratio of 15.89. The company has a debt-to-equity ratio of 17.46, a quick ratio of 1.65 and a current ratio of 1.73. The firm’s fifty day moving average is A$1.42.

About QANTM Intellectual Property (ASX:QIP)

QANTM Intellectual Property Limited provides intellectual property services for start-up technology businesses, multinationals, public research institutions, and universities in Australia and internationally. It also offers services related to patents, designs, and trademarks, as well as DCC, a litigation service in patent and trademark protection.

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