Wi-LAN Inc. (TSE:WIN) was upgraded by research analysts at Canaccord Genuity from a “hold” rating to a “speculative buy” rating in a research report issued on Friday, StockTargetPrices.com reports.

Wi-LAN (TSE:WIN) traded up 3.01% during trading on Friday, hitting $1.71. The stock had a trading volume of 237,613 shares. Wi-LAN has a 12 month low of $1.30 and a 12 month high of $3.45. The firm has a 50 day moving average of $1.59 and a 200-day moving average of $2.09. The stock has a market cap of $206.48 million and a price-to-earnings ratio of 28.50.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 6th. Investors of record on Wednesday, January 6th were issued a dividend of $0.0125 per share. This represents a $0.05 annualized dividend and a yield of 3.01%. The ex-dividend date was Friday, December 11th.