(QTRH) Quarterhill - Ratings and Ratios

Quarterhill Inc. is a multifaceted player in the intelligent transportation systems (ITS) sector, providing a broad range of innovative solutions globally, with a significant presence in Canada. The companys diverse product and service portfolio includes all-electronic tolling (AET) systems, dynamic pricing solutions, and comprehensive back-office solutions that encompass account management, customer service, and violation processing. Additionally, Quarterhill offers advanced technologies like automatic vehicle detection and classification (AVDC) software, automated truck weigh stations, and integrated traffic control systems, catering to the needs of contractors, governments, and various governmental authorities.

The companys capabilities extend to providing maintenance services, roadside solutions, and a suite of products under the riteSuite brand, which leverages machine learning to enhance mobility solutions. Quarterhills VectorSense tire sensor suite is another notable offering, providing real-time vehicle information and contributing to the broader vehicle information-in-motion traffic intelligence system. The companys clientele includes direct customers such as governments and contractors, as well as indirect customers through systems integrators, underscoring its versatile business model.

From a historical perspective, Quarterhill Inc. was rebranded from Wi-LAN Inc. in June 2017, marking a significant shift in its business focus towards ITS. Incorporated in 1992 and headquartered in Toronto, Canada, the company has evolved substantially over the years, adapting to technological advancements and market demands. Its website (https://www.quarterhill.com) serves as a portal for detailed information on its products, services, and corporate updates.

Analyzing the provided and , we observe that Quarterhills stock (QTRH) is currently priced at $1.63, with its 20-day SMA at $1.42 and 50-day SMA at $1.45, indicating a positive trend as it trades above both short-term moving averages. The 200-day SMA is $1.60, suggesting that the stock is slightly above its long-term average, potentially signaling a bullish outlook. The ATR of 0.06 (or 3.78%) indicates moderate volatility. With a market capitalization of $169.64M CAD and a forward P/E ratio of 75.76, the stock appears to be priced for high growth expectations, despite the current lack of profitability as indicated by the absence of a P/E ratio and a negative RoE of -8.49%.

Forecasting based on the available data, the stocks position above its short and long-term moving averages, coupled with its recent price action, might suggest a continued upward trajectory, at least in the short term. However, the high forward P/E ratio and negative return on equity are cautionary indicators that the stocks valuation is aggressive and potentially risky. Investors should weigh the potential for growth in the ITS sector against the companys current financial performance and the overall market conditions. A prudent approach might involve closely monitoring the stocks ability to sustain its price above key moving averages and watching for improvements in fundamental metrics.