Quarterhill (OTCMKTS:QTRHF) Lifted to “Strong-Buy” at Cibc World Mkts

Quarterhill (OTCMKTS:QTRHF) was upgraded by stock analysts at Cibc World Mkts to a “strong-buy” rating in a note issued to investors on Monday, Zacks.com reports.

Quarterhill Stock Performance

Shares of QTRHF stock remained flat at $1.18 during mid-day trading on Monday. The stock had a trading volume of 18,537 shares, compared to its average volume of 16,017. The firm has a market capitalization of $136.03 million, a P/E ratio of -3.37 and a beta of 0.86. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.31 and a current ratio of 1.48. Quarterhill has a twelve month low of $1.01 and a twelve month high of $1.61. The firm’s 50-day moving average is $1.27 and its 200-day moving average is $1.29.

Quarterhill (OTCMKTS:QTRHF) last announced its quarterly earnings results on Monday, May 13th. The company reported ($0.03) earnings per share (EPS) for the quarter. Quarterhill had a negative net margin of 13.13% and a negative return on equity of 13.27%. The business had revenue of $25.89 million during the quarter.

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.