Closing Bell: Quarterhill Inc down on Wednesday (QTRH)

In market activity today, Quarterhill Inc stock opened at $1.62 and closed at $1.61. prices ranged from a low of $1.61 to a high of $1.64.

Share prices eased -1.23 percent from the previous day's close of $1.63.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 108,331 on 75 total trades, while having an average volume of 89,990 over the last 5-days.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 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 advanced 10.27 percent, while they have shrunken -17.44% year-to-date.

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 $187.83 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.

Quarterhill Inc is holding an average recommendation of "Moderate Buy" from 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..