As on Thursday, QuidelOrtho Corporation (NASDAQ: QDEL) got off with the flyer as it spiked 10.26% to $44.50, before settling in for the price of $40.36 at the close. Taking a more long-term approach, QDEL posted a 52-week range of $29.74-$83.37.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 59.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -56.96%. This publicly-traded company’s shares outstanding now amounts to $66.70 million, simultaneously with a float of $57.96 million. The organization now has a market capitalization sitting at $2.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $38.47, while the 200-day Moving Average is $49.94.
QuidelOrtho Corporation (QDEL) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. QuidelOrtho Corporation’s current insider ownership accounts for 13.79%, in contrast to 84.87% institutional ownership. According to the most recent insider trade that took place on Aug 09 ’24, this organization’s 10% Owner sold 74,134 shares at the rate of 41.53, making the entire transaction reach 3,078,980 in total value, affecting insider ownership by 8,260,183. Preceding that transaction, on Aug 08 ’24, Company’s 10% Owner sold 106,705 for 41.07, making the whole transaction’s value amount to 4,382,446. This particular insider is now the holder of 8,334,317 in total.
QuidelOrtho Corporation (QDEL) Earnings and Revenue Records
QuidelOrtho Corporation’s EPS decrease for this current 12-month fiscal period is -56.96% and is forecasted to reach 3.04 in the upcoming year.
QuidelOrtho Corporation (NASDAQ: QDEL) Trading Performance Indicators
Let’s observe the current performance indicators for QuidelOrtho Corporation (QDEL). It’s Quick Ratio in the last reported quarter now stands at 0.79. The Stock has managed to achieve an average true range (ATR) of 1.71. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.06.
In the same vein, QDEL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -27.79, a figure that is expected to reach 0.33 in the next quarter, and analysts are predicting that it will be 3.04 at the market close of one year from today.
Technical Analysis of QuidelOrtho Corporation (QDEL)
Through scrutinizing the latest numbers posted by the [QuidelOrtho Corporation, QDEL], it can be observed that its last 5-days Average volume of 0.73 million was lower the volume of 1.05 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 30.31% While, its Average True Range was 1.78.
Raw Stochastic average of QuidelOrtho Corporation (QDEL) in the period of the previous 100 days is set at 81.91%, which indicates a major fall in contrast to 84.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 51.82% that was higher than 45.34% volatility it exhibited in the past 100-days period.
