A new trading day began on Tuesday, with Q32 Bio Inc (NASDAQ: QTTB) stock price down -9.43% from the previous day of trading, before settling in for the closing price of $3.18. QTTB’s price has ranged from $2.90 to $53.79 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 266.23%. Meanwhile, its annual earnings per share averaged 25.44%. With a float of $4.62 million, this company’s outstanding shares have now reached $12.14 million.
The extent of productivity of a business whose workforce counts for 7 workers is very important to gauge. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Q32 Bio Inc (QTTB) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Q32 Bio Inc is 62.06%, while institutional ownership is 44.04%. The most recent insider transaction that took place on Mar 25 ’24, was worth 6,413. In this transaction Director of this company sold 265 shares at a rate of $24.20, taking the stock ownership to the 7,983 shares. Before that another transaction happened on Mar 25 ’24, when Company’s insider sold 268 for $24.21, making the entire transaction worth $6,488. This insider now owns 2,596 shares in total.
Q32 Bio Inc (QTTB) Performance Highlights and Predictions
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 25.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.76% during the next five years compared to -0.07% drop over the previous five years of trading.
Q32 Bio Inc (NASDAQ: QTTB) Trading Performance Indicators
Here are Q32 Bio Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -14.21, a number that is poised to hit -1.53 in the next quarter and is forecasted to reach -3.95 in one year’s time.
Technical Analysis of Q32 Bio Inc (QTTB)
The latest stats from [Q32 Bio Inc, QTTB] show that its last 5-days average volume of 0.29 million was superior to 0.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 41.72%. Additionally, its Average True Range was 0.52.
During the past 100 days, Q32 Bio Inc’s (QTTB) raw stochastic average was set at 0.55%, which indicates a significant decrease from 28.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.55% in the past 14 days, which was lower than the 242.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.32, while its 200-day Moving Average is $27.75. Now, the first resistance to watch is $3.04. This is followed by the second major resistance level at $3.20. The third major resistance level sits at $3.42. If the price goes on to break the first support level at $2.66, it is likely to go to the next support level at $2.44. Assuming the price breaks the second support level, the third support level stands at $2.28.
Q32 Bio Inc (NASDAQ: QTTB) Key Stats
With a market capitalization of 35.08 million, the company has a total of 12,181K Shares Outstanding. Currently, annual sales are 1,160 K while annual income is -112,960 K. The company’s previous quarter sales were 0 K while its latest quarter income was -17,600 K.
