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Quarterhill ( (TSE:QTRH) ) has shared an announcement.
Quarterhill Inc. has announced new and follow-on contracts in Kuwait, Thailand, South Korea, and Cambodia, reflecting a growing global demand for technologies that enhance roadway safety and infrastructure preservation. These projects, including a new high-speed weigh-in-motion enforcement program in Kuwait and a first contract with Cambodia’s Ministry of Public Works and Transport, aim to improve safety, protect infrastructure, and support freight mobility. The initiatives highlight Quarterhill’s commitment to providing real-time, data-driven insights to transportation agencies, thereby preventing accidents and reducing infrastructure strain.
The most recent analyst rating on (TSE:QTRH) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Spark’s Take on TSE:QTRH Stock
According to Spark, TipRanks’ AI Analyst, TSE:QTRH is a Neutral.
Quarterhill’s overall stock score reflects significant financial challenges and bearish technical indicators, which are partially offset by positive earnings call insights and recent corporate events. The company’s strategic initiatives and contract wins provide a foundation for potential future growth, but current financial and market conditions remain challenging.
To see Spark’s full report on TSE:QTRH stock, click here.
More about Quarterhill
Quarterhill is a global leader in the Intelligent Transportation System (ITS) industry, focusing on smart infrastructure solutions that enhance mobility by reducing congestion, improving roadway safety, and promoting sustainable travel. Utilizing advanced artificial intelligence and machine learning technologies, Quarterhill’s platforms process billions of transactions annually, performing compliance and safety inspections on millions of commercial vehicles. The company collaborates with governments, communities, and industry leaders to develop connected roadways and shape the future of intelligent, resilient mobility.
Average Trading Volume: 136,312
Technical Sentiment Signal: Sell
Current Market Cap: C$119.4M
Find detailed analytics on QTRH stock on TipRanks’ Stock Analysis page.