Quarterhill (QTRH) Receives Daily Coverage Optimism Rating of 0.06

Media stories about Quarterhill (NASDAQ:QTRH) have trended somewhat positive on Sunday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Quarterhill earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.8144024068452 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

Shares of QTRH stock traded down $0.02 during midday trading on Friday, reaching $1.31. 264,410 shares of the company were exchanged, compared to its average volume of 353,813. Quarterhill has a 12 month low of $1.01 and a 12 month high of $2.12. The company has a market capitalization of $158.03 million, a price-to-earnings ratio of 2.52 and a beta of 0.90.

Quarterhill (NASDAQ:QTRH) last released its quarterly earnings results on Thursday, August 9th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). The company had revenue of $20.40 million for the quarter, compared to the consensus estimate of $25.60 million. Quarterhill had a positive return on equity of 16.19% and a negative net margin of 4.30%. sell-side analysts anticipate that Quarterhill will post -0.13 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 5th. Stockholders of record on Friday, September 14th will be paid a $0.0096 dividend. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $0.04 annualized dividend and a dividend yield of 2.93%. Quarterhill’s dividend payout ratio is currently 7.69%.

Several analysts recently weighed in on the stock. ValuEngine upgraded shares of Quarterhill from a “strong sell” rating to a “sell” rating in a research report on Friday, August 3rd. Zacks Investment Research downgraded shares of Quarterhill from a “hold” rating to a “sell” rating in a research report on Thursday, May 17th. Finally, Canaccord Genuity upgraded shares of Quarterhill from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd.

Quarterhill Company Profile

Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Technology segment licenses patent technologies to approximately 355 companies. Its patent portfolios include patents relating to 3D television, phased loop semiconductor, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, streaming video, semiconductor clocking, LED lighting, smart meter monitoring, non-volatile flash memory and other memory, building automation, enhanced image processing, computer gaming, and various other technologies; automotive headlight assemblies, microcontrollers applicable to safety-critical aerospace, and CMOS image sensors; and medical, industrial, and automotive applications.

Further Reading: Momentum Indicator: Relative Strength Index

Insider Buying and Selling by Quarter for Quarterhill (NASDAQ:QTRH)

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