Quarterhill (OTCMKTS:QTRHF) Upgraded to Moderate Buy at Cormark

Cormark upgraded shares of Quarterhill (OTCMKTS:QTRHF) to a moderate buy rating in a research report report published on Thursday morning,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 12-month low of $1.03 and a 12-month high of $1.49. The business’s 50-day moving average is $1.12 and its 200 day moving average is $1.16. The company has a current ratio of 1.48, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16. The stock has a market cap of $120.48 million, a price-to-earnings ratio of -2.97 and a beta of 0.90.

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.