RE:4 super Tech stocks that could make you richQuarterhill (TSX:QTRH) is an Ottawa-based company that operates in the intelligent transportation system and intellectual property licensing industries worldwide. Its shares have dipped marginally in 2021 at the time of this writing. The stock has plunged 9.9% month over month. The tech stock is set to release its third-quarter 2021 results on November 10. In Q2 2021, the company reported revenues of $18.8 million, which was up from $16.8 million in the prior year. It posted an adjusted EBITDA loss of $3.0 million. However, the Intelligent Transportation Systems (ITS) segment generation $2.7 million of positive adjusted EBITDA. Meanwhile, consolidated cash generation from operations hit $1.7 million.
Shares of this tech stock are trading in favourable value territory compared to its industry peers. Quarterhill last had an RSI of 29, which puts the stock in technically oversold territory.