On Monday, Quanterix Corp (NASDAQ: QTRX) opened lower -3.57% from the last session, before settling in for the closing price of $8.12. Price fluctuations for QTRX have ranged from $7.96 to $29.70 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 22.91%. Company’s average yearly earnings per share was noted -10.05% at the time writing. With a float of $32.91 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 14.58%, while institutional ownership is 84.99%. 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 -10.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.80% during the next five years compared to 12.06% growth over the previous five years of trading.
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 2.25.
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 -0.98 in one year’s time.
Technical Analysis of Quanterix Corp (QTRX)
Compared to the last year’s volume of 0.91 million, its volume of 0.76 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.54%. Additionally, its Average True Range was 0.67.
During the past 100 days, Quanterix Corp’s (QTRX) raw stochastic average was set at 1.35%, which indicates a significant decrease from 4.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.06% in the past 14 days, which was lower than the 76.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.44, while its 200-day Moving Average is $13.05. Nevertheless, the first resistance level for the watch stands at $8.06 in the near term. At $8.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.46. If the price goes on to break the first support level at $7.66, it is likely to go to the next support level at $7.49. Now, if the price goes above the second support level, the third support stands at $7.26.
Quanterix Corp (NASDAQ: QTRX) Key Stats
There are currently 38,524K shares outstanding in the company with a market cap of 301.65 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.
