Wi-LAN (OTCMKTS:QTRHF – Get Free Report) will likely be issuing its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $0.0021 per share and revenue of $42.85 million for the quarter.
Wi-LAN Stock Down 2.0%
Wi-LAN stock opened at $1.94 on Thursday. Wi-LAN has a twelve month low of $0.64 and a twelve month high of $2.36. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.09 and a current ratio of 1.19. The firm has a market cap of $276.38 million, a PE ratio of -4.62 and a beta of 1.14. The firm’s 50 day moving average price is $1.96 and its two-hundred day moving average price is $1.39.
About Wi-LAN
Wi-LAN is an intellectual property licensing company that develops, acquires and monetizes patents used in communications, consumer electronics, automotive systems and other technology applications. Its business generally involves negotiating licensing agreements with companies whose products or services incorporate technologies covered by Wi-LAN’s patent portfolios.
The company has historically focused on wireless communication standards and related technologies, including inventions used in mobile networks, wireless connectivity and digital devices.
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