Quarterhill (TSE:QTRH) Shares Down 4.2% – Time to Sell?

Quarterhill Inc. (TSE:QTRH) shares dropped 4.2% during trading on Friday . The stock traded as low as C$1.60 and last traded at C$1.60. Approximately 91,220 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 112,864 shares. The stock had previously closed at C$1.67.

Quarterhill Price Performance

The company has a debt-to-equity ratio of 46.79, a current ratio of 1.37 and a quick ratio of 2.58. The company has a 50-day simple moving average of C$1.63 and a 200-day simple moving average of C$1.67. The stock has a market cap of C$184.58 million, a PE ratio of -6.67, a PEG ratio of 0.46 and a beta of 0.66.

About Quarterhill

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.