A new trading day began on Friday, with QuidelOrtho Corporation (NASDAQ: QDEL) stock price up 4.21% from the previous day of trading, before settling in for the closing price of $43.03. QDEL’s price has ranged from $29.74 to $75.86 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 59.83%. Meanwhile, its annual earnings per share averaged -56.23%. With a float of $66.27 million, this company’s outstanding shares have now reached $67.20 million.
Let’s determine the extent of company efficiency that accounts for 7100 employees. In terms of profitability, gross margin is 41.68%, operating margin of 1.09%, and the pretax margin is -71.02%.
QuidelOrtho Corporation (QDEL) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of QuidelOrtho Corporation is 1.47%, while institutional ownership is 96.75%. The most recent insider transaction that took place on Dec 11 ’24, was worth 249,878. In this transaction President and CEO of this company bought 6,033 shares at a rate of $41.42, taking the stock ownership to the 6,033 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Former COO proposed sale 20,000 for $40.40, making the entire transaction worth $808,000.
QuidelOrtho Corporation (QDEL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -56.23% per share during the next fiscal year.
QuidelOrtho Corporation (NASDAQ: QDEL) Trading Performance Indicators
Here are QuidelOrtho Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -27.89, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.46 in one year’s time.
Technical Analysis of QuidelOrtho Corporation (QDEL)
Looking closely at QuidelOrtho Corporation (NASDAQ: QDEL), its last 5-days average volume was 1.39 million, which is a jump from its year-to-date volume of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 71.04%. Additionally, its Average True Range was 2.01.
During the past 100 days, QuidelOrtho Corporation’s (QDEL) raw stochastic average was set at 76.87%, which indicates a significant decrease from 86.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.69% in the past 14 days, which was higher than the 48.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.11, while its 200-day Moving Average is $41.15. However, in the short run, QuidelOrtho Corporation’s stock first resistance to watch stands at $46.31. Second resistance stands at $47.79. The third major resistance level sits at $49.60. If the price goes on to break the first support level at $43.03, it is likely to go to the next support level at $41.21. Should the price break the second support level, the third support level stands at $39.74.
QuidelOrtho Corporation (NASDAQ: QDEL) Key Stats
With a market capitalization of 3.14 billion, the company has a total of 67,257K Shares Outstanding. Currently, annual sales are 2,998 M while annual income is -10,100 K. The company’s previous quarter sales were 727,100 K while its latest quarter income was -19,900 K.
