Quarterhill Stock Today

QTRH Stock  CAD 1.67  0.08  4.57%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 44

 
High
 
Low
Below Average
Quarterhill is selling at 1.67 as of the 29th of November 2024; that is 4.57 percent decrease since the beginning of the trading day. The stock's open price was 1.75. Quarterhill has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Quarterhill are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of June 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
Quarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries worldwide. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada. QUARTERHILL INC operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. The company has 115.69 M outstanding shares of which 2.34 M shares are at this time shorted by private and institutional investors with about 28.05 days to cover all short positions. More on Quarterhill

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Quarterhill Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Quarterhill's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Quarterhill or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
VIZIYA Chief Executive OfficerJohn Vujicic
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Quarterhill's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Quarterhill's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Quarterhill can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Quarterhill's financial leverage. It provides some insight into what part of Quarterhill's total assets is financed by creditors.
Liquidity
Quarterhill cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Quarterhill has accumulated 86.54 M in total debt with debt to equity ratio (D/E) of 0.37, which is about average as compared to similar companies. Quarterhill has a current ratio of 3.0, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Quarterhill until it has trouble settling it off, either with new capital or with free cash flow. So, Quarterhill's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Quarterhill sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quarterhill to invest in growth at high rates of return. When we think about Quarterhill's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

6.92 Million
Quarterhill (QTRH) is traded on Toronto Exchange in Canada and employs 449 people. Quarterhill is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 193.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Quarterhill's market, we take the total number of its shares issued and multiply it by Quarterhill's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Quarterhill operates under Communications Equipment sector and is part of Information Technology industry. The entity has 115.69 M outstanding shares of which 2.34 M shares are at this time shorted by private and institutional investors with about 28.05 days to cover all short positions. Quarterhill has accumulated about 66.36 M in cash with (27.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Check Quarterhill Probability Of Bankruptcy
Ownership Allocation
Quarterhill owns a total of 115.69 Million outstanding shares. Roughly 95.51 pct. of Quarterhill outstanding shares are held by general public with 1.72 % owned by insiders and only 2.77 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Quarterhill Ownership Details

Quarterhill Risk Profiles

Although Quarterhill's alpha and beta are two of the key measurements used to evaluate Quarterhill's performance over the market, the standard measures of volatility play an important role as well.

Quarterhill Stock Against Markets

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Quarterhill Corporate Directors

Roxanne AndersonIndependent DirectorProfile
Ronald LaurieIndependent DirectorProfile
Ian McKinnonIndependent DirectorProfile
Richard ShorkeyIndependent DirectorProfile

Other Information on Investing in Quarterhill Stock

Quarterhill financial ratios help investors to determine whether Quarterhill Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Quarterhill with respect to the benefits of owning Quarterhill security.