Quarterhill (TSE:QTRH) Shares Up 3.7% – Time to Buy?

Quarterhill Inc. (TSE:QTRH) shares were up 3.7% on Friday . The company traded as high as C$1.66 and last traded at C$1.66. Approximately 122,845 shares changed hands during mid-day trading, an increase of 52% from the average daily volume of 81,071 shares. The stock had previously closed at C$1.60.

Quarterhill Price Performance

The firm has a 50 day moving average price of C$1.63 and a two-hundred day moving average price of C$1.65. The company has a market cap of C$191.50 million, a P/E ratio of -6.92, a P/E/G ratio of 0.46 and a beta of 0.66. The company has a debt-to-equity ratio of 46.79, a quick ratio of 2.58 and a current ratio of 1.37.

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.