Quarterhill Inc. (NASDAQ: QTRH) reported change of -2.59% to $1.13 with the recent traded volume of 346972 shares in last trading session compared to an average volume of 103.49K. The stock was down over last five days period with -8.13%. The one month performance of stock was -17.52%. QTRH shares are at -23.13% for the quarter and driving a -18.71% return over the course of the past year and is now at -38.59% since this point in 2018. The average volatility for the week and month was at 3.56% 3.48% respectively. The company holds 118.63M shares outstanding and 115.23M shares are floated in market.
Wi-LAN Inc. (“WiLAN”), a Quarterhill Inc. (“Quarterhill”) company (TSX: QTRH) (NASDAQ: QTRH), today announced that its wholly-owned subsidiary Atria Technologies Inc. has acquired a portfolio of more than 85 patents and applications from MagnaChip Semiconductor Corporation (“MagnaChip”). The acquisition was made under WiLAN’s Partnership Program.
The patents cover semiconductor process technologies used in the manufacture of semiconductor devices. MagnaChip is a designer and manufacturer of analog and mixed-signal semiconductor products. All other terms of the agreement are confidential.
Shares of Quarterhill Inc. have been recently spotted trading -46.70% off of the 52-week high price. On the other end, company shares have been noted -0.88% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 1.14 – 2.12. Switching over to some distances from popular moving averages, we see that the stock has been recorded -18.44% away from the 50 day moving average and -28.95% away from the 200 day moving average. Moving closer, we can see that shares have been trading -8.63% off of the 20-day moving average. 393 employees work in the Company. It has market cap of $134.05M and dividend yield of 3.54%.