Closing Bell: Quarterhill Inc down on Tuesday (QTRH)

Today, shares of Quarterhill Inc opened at $1.65 and closed at $1.63. prices ranged from $1.60 to $1.65.

Shares dipped -0.61% from the previous day's close of $1.64.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Quarterhill Inc has listed on the Toronto Stock Exchange (TSX) under the ticker QTRH.

Trading volume was 172,778 on 180 total trades, while having an average volume of 74,471 in the last five days.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 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 52 weeks, Quarterhill Inc's shares have boosted 11.64%, while this year, they have eased -16.41%.

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 $188.98 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.

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

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..