Witnessing the stock’s movement on the chart, on Wednesday, QuidelOrtho Corporation (NASDAQ: QDEL) had a quiet start as it plunged -2.85% to $37.48, before settling in for the price of $38.58 at the close. Taking a more long-term approach, QDEL posted a 52-week range of $29.74-$75.86.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare sector firm’s twelve-monthly sales growth has been 59.83% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -56.17%. This publicly-traded company’s shares outstanding now amounts to $66.70 million, simultaneously with a float of $58.02 million. The organization now has a market capitalization sitting at $2.52 billion. At the time of writing, stock’s 50-day Moving Average stood at $41.62, while the 200-day Moving Average is $42.17.
QuidelOrtho Corporation (QDEL) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Devices industry. QuidelOrtho Corporation’s current insider ownership accounts for 13.74%, in contrast to 95.79% 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 -56.17% and is forecasted to reach 2.47 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 0.81. The Stock has managed to achieve an average true range (ATR) of 1.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.90.
In the same vein, QDEL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -27.89, a figure that is expected to reach 0.59 in the next quarter, and analysts are predicting that it will be 2.47 at the market close of one year from today.
Technical Analysis of QuidelOrtho Corporation (QDEL)
Going through the that latest performance of [QuidelOrtho Corporation, QDEL]. Its last 5-days volume of 1.46 million indicated improvement to the volume of 0.98 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 21.31% While, its Average True Range was 2.06.
Raw Stochastic average of QuidelOrtho Corporation (QDEL) in the period of the previous 100 days is set at 43.30%, which indicates a major rise in contrast to 18.08% 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 70.94% that was higher than 46.47% volatility it exhibited in the past 100-days period.
