QuidelOrtho Corporation (NASDAQ: QDEL) kicked off on Monday, down -5.20% from the previous trading day, before settling in for the closing price of $40.80. Over the past 52 weeks, QDEL has traded in a range of $29.74-$49.45.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 57.95%. While this was happening, its average annual earnings per share was recorded 28.86%. With a float of $66.25 million, this company’s outstanding shares have now reached $67.30 million.
The extent of productivity of a business whose workforce counts for 6600 workers is very important to gauge. In terms of profitability, gross margin is 42.42%, operating margin of -3.95%, and the pretax margin is -76.65%.
QuidelOrtho Corporation (QDEL) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of QuidelOrtho Corporation is 1.77%, while institutional ownership is 108.49%. The most recent insider transaction that took place on Jan 06 ’25, was worth 4,759,500. Before that another transaction happened on Dec 11 ’24, when Company’s President and CEO bought 6,033 for $41.42, making the entire transaction worth $249,878. This insider now owns 6,033 shares in total.
QuidelOrtho Corporation (QDEL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 28.86% per share during the next fiscal year.
QuidelOrtho Corporation (NASDAQ: QDEL) Trading Performance Indicators
Take a look at QuidelOrtho Corporation’s (QDEL) current performance indicators. Last quarter, stock had a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -30.28, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 3.28 in one year’s time.
Technical Analysis of QuidelOrtho Corporation (QDEL)
The latest stats from [QuidelOrtho Corporation, QDEL] show that its last 5-days average volume of 0.65 million was inferior to 0.88 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 41.08%. Additionally, its Average True Range was 1.85.
During the past 100 days, QuidelOrtho Corporation’s (QDEL) raw stochastic average was set at 22.24%, which indicates a significant increase from 11.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.57% in the past 14 days, which was lower than the 47.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.68, while its 200-day Moving Average is $40.92. Now, the first resistance to watch is $40.50. This is followed by the second major resistance level at $42.33. The third major resistance level sits at $43.25. If the price goes on to break the first support level at $37.75, it is likely to go to the next support level at $36.83. Assuming the price breaks the second support level, the third support level stands at $35.00.
QuidelOrtho Corporation (NASDAQ: QDEL) Key Stats
The company with the Market Capitalisation of 2.61 billion has total of 67,447K Shares Outstanding. Its annual sales at the moment are 2,783 M in contrast with the sum of -2,052 M annual income. Company’s last quarter sales were recorded 707,800 K and last quarter income was -178,400 K.
