Quarterhill (OTCMKTS:QTRHF) Upgraded at Cormark

Cormark upgraded shares of Quarterhill (OTCMKTS:QTRHF) to a moderate buy rating in a research note released on Thursday,Zacks.com reports. Cormark also issued estimates for Quarterhill’s FY2024 earnings at ($0.09) EPS, FY2025 earnings at $0.01 EPS and FY2026 earnings at $0.06 EPS.

Quarterhill Trading Down 0.9 %

QTRHF stock opened at $1.04 on Thursday. Quarterhill has a 52-week low of $1.03 and a 52-week high of $1.49. The company has a quick ratio of 1.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.16. The firm has a market cap of $120.48 million, a P/E ratio of -2.97 and a beta of 0.90. The company’s 50-day simple moving average is $1.12 and its 200-day simple moving average is $1.16.

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.