On Tuesday, QuidelOrtho Corporation (NASDAQ: QDEL) was 3.02% up from the session before settling in for the closing price of $39.36. A 52-week range for QDEL has been $37.78 – $95.02.
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Healthcare Sector giant saw their annual sales surged by 59.83% over the last five years. When this article was written, the company’s average yearly earnings per share was at -42.91%. With a float of $51.96 million, this company’s outstanding shares have now reached $66.70 million.
The firm has a total of 7100 workers. Let’s measure their productivity.
QuidelOrtho Corporation (QDEL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward QuidelOrtho Corporation stocks. The insider ownership of QuidelOrtho Corporation is 22.27%, while institutional ownership is 80.00%. The most recent insider transaction that took place on Feb 23 ’24, was worth 99,663. In this transaction Chief Financial Officer of this company bought 2,150 shares at a rate of $46.35, taking the stock ownership to the 2,150 shares.
QuidelOrtho Corporation (QDEL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -42.91% per share during the next fiscal year.
QuidelOrtho Corporation (NASDAQ: QDEL) Trading Performance Indicators
You can see what QuidelOrtho Corporation (QDEL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.91. Likewise, its price to free cash flow for the trailing twelve months is 38.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 3.62 in one year’s time.
Technical Analysis of QuidelOrtho Corporation (QDEL)
Analysing the last 5-days average volume posted by the [QuidelOrtho Corporation, QDEL], we can find that recorded value of 0.83 million was lower than the volume posted last year of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 59.78%. Additionally, its Average True Range was 1.71.
During the past 100 days, QuidelOrtho Corporation’s (QDEL) raw stochastic average was set at 7.28%, which indicates a significant decrease from 39.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.55% in the past 14 days, which was lower than the 74.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.35, while its 200-day Moving Average is $64.97. Now, the first resistance to watch is $41.34. This is followed by the second major resistance level at $42.14. The third major resistance level sits at $43.55. If the price goes on to break the first support level at $39.13, it is likely to go to the next support level at $37.72. Should the price break the second support level, the third support level stands at $36.92.
QuidelOrtho Corporation (NASDAQ: QDEL) Key Stats
There are 66,879K outstanding shares of the company, which has a market capitalization of 2.71 billion. As of now, sales total 2,998 M while income totals -10,100 K. Its latest quarter income was 742,600 K while its last quarter net income were 7,000 K.
