Quarterhill (OTCMKTS:QTRHF) Stock Price Up 1.2% – Time to Buy?

Quarterhill Inc. (OTCMKTS:QTRHF)’s share price traded up 1.2% during trading on Thursday . The company traded as high as $0.95 and last traded at $0.95. 2,700 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 11,271 shares. The stock had previously closed at $0.94.

Wall Street Analysts Forecast Growth

Separately, Cormark upgraded Quarterhill to a “moderate buy” rating in a research note on Thursday, March 13th.

Quarterhill Stock Performance

The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.31 and a current ratio of 1.48. The business’s fifty day moving average price is $1.08 and its 200-day moving average price is $1.14. The stock has a market cap of $112.60 million, a PE ratio of -2.78 and a beta of 0.91.

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.