Quarterhill (OTCMKTS:QTRHF) Stock Rating Upgraded by Cormark

Quarterhill (OTCMKTS:QTRHF) was upgraded by equities research analysts at Cormark to a “moderate buy” rating in a research note issued on Thursday,Zacks.com reports. Cormark also issued estimates for Quarterhill’s FY2024 earnings at ($0.09) EPS, FY2025 earnings at $0.01 EPS and FY2026 earnings at $0.06 EPS.

Quarterhill Stock Down 0.9 %

Shares of OTCMKTS QTRHF opened at $1.04 on Thursday. The firm has a fifty day moving average of $1.12 and a 200-day moving average of $1.16. The company has a quick ratio of 1.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.16. Quarterhill has a 52-week low of $1.03 and a 52-week high of $1.49. The stock has a market capitalization of $120.48 million, a PE ratio of -2.97 and a beta of 0.90.

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.