Closing Bell: Quarterhill Inc down on Friday (QTRH)

Today in trading, Quarterhill Inc shares closed at $1.64 after opening the day at $1.68. prices ranged from $1.61 to $1.68.

Shares shrank -3.53% from the previous day's close of $1.70.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Quarterhill Inc traded under QTRH on the Toronto Stock Exchange (TSX).

A total of 97,713 shares was traded during the last trading day, with total trades of 114, while having an average volume of 48,201 over the last 5-days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, QTRH.TO has traded as high as $2.07 (December 20,2023) and low as $1.39 (October 04,2023). Moreover, in the last 12 months, Quarterhill Inc's shares have raised 10.81%, while in 2024, they have eased -15.90%.

It announced a 0.01 dividend on March 22/23, with an March 30/23 ex-date and April 11/23 pay day.

Following today's trading, Quarterhill Inc has a market capitalization of $195.89 million on a float of 115,232 shares outstanding. Its annual EPS is $-0.37.

Quarterhill Inc is a TSX Communication Equipment company headquartered in Toronto, CAN.

Based on 3.00 analysts, Quarterhill Inc gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 3 buy ratings for the stock.

AI at The Globe and Mail
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