Quarterhill (TSE:QTRH) Stock Price Up 8.1% – Here’s Why

Quarterhill Inc. (TSE:QTRH)’s share price traded up 8.1% during mid-day trading on Friday . The company traded as high as C$1.88 and last traded at C$1.87. 218,453 shares traded hands during trading, an increase of 186% from the average session volume of 76,370 shares. The stock had previously closed at C$1.73.

Quarterhill Trading Up 8.1 %

The company has a debt-to-equity ratio of 46.79, a quick ratio of 2.58 and a current ratio of 1.37. The stock’s 50-day simple moving average is C$1.63 and its 200-day simple moving average is C$1.71. The firm has a market capitalization of C$215.72 million, a PE ratio of -7.79, a P/E/G ratio of 0.46 and a beta of 0.65.

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.