This move is archived. Current quotes and coverage live on the stock page.
Get QTRH alerts:
Quarterhill Inc's stock has taken a hit, closing down 1.66% in the last trading session, raising concerns among investors.
Quarterhill Inc (QTRH.TO) saw its stock price drop to CA$1.78 during the last trading day. This decline has investors questioning the company's stability and future prospects, especially considering its recent financial performance.
Advertisement
Quarterhill Inc
QTRH.TO
QTRH.TO
Quarterhill Inc
WealthAwesomeMarket cap
$297.27M
52W high
$3.33
52W low
$0.89
1W change
+0.41%
Beta
0.75
Analyst Price Targets
Based on analyst covering QTRH
Wall Street analysts forecast QTRH stock price to rise 115.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.28
+115.5% Upside
Current Price
C$2.45
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on QTRH's historical volatility
30-Day Vol
60.1%
Annualized
90-Day Vol
79.4%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$2.93
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$2.60 | C$2.11 โ C$3.20 |
| 60 trading days | C$2.76 | C$2.06 โ C$3.70 |
| 90 trading days | C$2.93 | C$2.04 โ C$4.20 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: Investors should stay cautious with Quarterhill Inc, as this recent decline highlights potential underlying issues that could impact future performance.
Quarterhill Inc's stock down 1.66% in one day
The market cap of Quarterhill stands at CA$219.6 million, reflecting investor sentiment amidst the recent downturn.
Bull case
Quarterhill has shown resilience in its past financial results, reporting positive Adjusted EBITDA and improved gross margins. This suggests there could be potential for recovery ahead.
Bear case
However, the lack of recent news and a negative profit margin might point to deeper issues within the company, leading to further stock volatility.
Understanding the Decline
Advertisement
Quarterhill Inc's recent stock performance has raised eyebrows, with a 1.66% drop in just one day. This decline comes against a backdrop of mixed financial results and a lack of positive news, which may have contributed to investor uncertainty.
What Investors Should Consider
While Quarterhill has previously reported positive Adjusted EBITDA and gross margin expansion, the current profit margin of -0.3208 raises concerns. Investors should weigh the potential for recovery against the risks of continued volatility in QTRH.TO's stock price.
Looking Ahead
As Quarterhill Inc navigates through this downturn, investors should keep an eye on upcoming financial reports and market trends. Understanding the company's strategic direction will be crucial in determining whether this dip is a temporary setback or a sign of deeper issues.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
