Quarterhill (TSE:QTRH) Trading Down 1.1%

Quarterhill Inc. (TSE:QTRH) shares fell 1.1% on Friday . The company traded as low as C$1.76 and last traded at C$1.77. 26,003 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 58,285 shares. The stock had previously closed at C$1.79.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on QTRH. CIBC lifted their price target on Quarterhill from C$2.50 to C$2.60 and gave the company an “outperform” rating in a research note on Tuesday, May 14th. Raymond James lifted their target price on Quarterhill from C$1.80 to C$2.25 and gave the company an “outperform” rating in a research report on Monday, March 18th. Finally, Cormark upped their price target on Quarterhill from C$1.35 to C$1.75 in a report on Monday, March 18th.

Quarterhill Trading Down 1.1 %

The company has a debt-to-equity ratio of 46.59, a current ratio of 1.48 and a quick ratio of 2.58. The firm’s fifty day moving average is C$1.74 and its two-hundred day moving average is C$1.81. The firm has a market capitalization of C$203.96 million, a PE ratio of -5.21, a PEG ratio of 0.46 and a beta of 0.66.

Quarterhill Company Profile

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.