On Friday, Quanterix Corp (NASDAQ: QTRX) opened lower -19.69% from the last session, before settling in for the closing price of $11.73. Price fluctuations for QTRX have ranged from $9.87 to $29.70 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 22.91% over the last five years. Company’s average yearly earnings per share was noted -9.70% at the time writing. With a float of $35.91 million, this company’s outstanding shares have now reached $38.48 million.
In terms of profitability, gross margin is 54.36%, operating margin of -42.65%, and the pretax margin is -29.78%.
Quanterix Corp (QTRX) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Quanterix Corp is 6.79%, while institutional ownership is 87.21%. The most recent insider transaction that took place on Aug 20 ’24, was worth 624,630. In this transaction Director of this company bought 47,000 shares at a rate of $13.29, taking the stock ownership to the 1,487,342 shares. Before that another transaction happened on Aug 13 ’24, when Company’s President & CEO bought 19,000 for $10.90, making the entire transaction worth $207,100. This insider now owns 354,119 shares in total.
Quanterix Corp (QTRX) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.70% per share during the next fiscal year.
Quanterix Corp (NASDAQ: QTRX) Trading Performance Indicators
Check out the current performance indicators for Quanterix Corp (QTRX). In the past quarter, the stock posted a quick ratio of 9.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.94, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.90 in one year’s time.
Technical Analysis of Quanterix Corp (QTRX)
Analysing the last 5-days average volume posted by the [Quanterix Corp, QTRX], we can find that recorded value of 0.8 million was better than the volume posted last year of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 46.64%. Additionally, its Average True Range was 0.84.
During the past 100 days, Quanterix Corp’s (QTRX) raw stochastic average was set at 3.88%, which indicates a significant decrease from 8.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.20% in the past 14 days, which was higher than the 75.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.06, while its 200-day Moving Average is $14.11. Now, the first resistance to watch is $10.49. This is followed by the second major resistance level at $11.56. The third major resistance level sits at $12.23. If the price goes on to break the first support level at $8.76, it is likely to go to the next support level at $8.09. Now, if the price goes above the second support level, the third support stands at $7.02.
Quanterix Corp (NASDAQ: QTRX) Key Stats
There are currently 38,524K shares outstanding in the company with a market cap of 362.90 million. Presently, the company’s annual sales total 122,370 K according to its annual income of -32,330 K. Last quarter, the company’s sales amounted to 35,810 K and its income totaled -8,350 K.
