The key reasons why Quanterix Corp (QTRX) is -58.01% away from 52-week high?

Quanterix Corp (NASDAQ: QTRX) established initial surge of 3.40% at $12.47, before settling in for the price of $12.06 at the close. Taking a more long-term approach, QTRX posted a 52-week range of $10.50-$29.70.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 28.48%. Meanwhile, its Annual Earning per share during the time was 9.72%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -10.66%. This publicly-traded company’s shares outstanding now amounts to $38.01 million, simultaneously with a float of $35.85 million. The organization now has a market capitalization sitting at $478.59 million. At the time of writing, stock’s 50-day Moving Average stood at $12.79, while the 200-day Moving Average is $16.15.

Quanterix Corp (QTRX) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Quanterix Corp industry. Quanterix Corp’s current insider ownership accounts for 6.60%, in contrast to 87.45% institutional ownership. According to the most recent insider trade that took place on Aug 20 ’24, this organization’s Director bought 47,000 shares at the rate of 13.29, making the entire transaction reach 624,630 in total value, affecting insider ownership by 1,487,342. Preceding that transaction, on Aug 13 ’24, Company’s President & CEO bought 19,000 for 10.90, making the whole transaction’s value amount to 207,100. This particular insider is now the holder of 354,119 in total.

Quanterix Corp (QTRX) Earnings and Revenue Records

Quanterix Corp’s EPS decrease for this current 12-month fiscal period is -10.66% and is forecasted to reach -0.86 in the upcoming year.

Quanterix Corp (NASDAQ: QTRX) Trading Performance Indicators

Let’s observe the current performance indicators for Quanterix Corp (QTRX). It’s Quick Ratio in the last reported quarter now stands at 8.99. The Stock has managed to achieve an average true range (ATR) of 0.76. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.70.

In the same vein, QTRX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.04, a figure that is expected to reach -0.23 in the next quarter, and analysts are predicting that it will be -0.86 at the market close of one year from today.

Technical Analysis of Quanterix Corp (QTRX)

Now, what If we examine the latest scores posted by [Quanterix Corp, QTRX]. During the last 5-days, its volume was lower the volume of 0.4 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 65.46% While, its Average True Range was 0.75.

Raw Stochastic average of Quanterix Corp (QTRX) in the period of the previous 100 days is set at 31.57%, which indicates a major fall in contrast to 34.02% 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 95.51% that was higher than 69.34% volatility it exhibited in the past 100-days period.