Quarterhill (TSE:QTRH) Shares Cross Below 200 Day Moving Average – Time to Sell?

Quarterhill Inc. (TSE:QTRH) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.64 and traded as low as C$1.53. Quarterhill shares last traded at C$1.53, with a volume of 23,206 shares.

Quarterhill Price Performance

The company has a debt-to-equity ratio of 47.89, a current ratio of 1.31 and a quick ratio of 2.58. The firm has a market capitalization of C$125.33 million, a price-to-earnings ratio of -3.98, a PEG ratio of 0.46 and a beta of 0.66. The business’s fifty day simple moving average is C$1.63 and its 200 day simple moving average is C$1.64.

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.