Quanterix Corp (NASDAQ: QTRX) kicked off on Friday, up 6.44% from the previous trading day, before settling in for the closing price of $4.50. Over the past 52 weeks, QTRX has traded in a range of $4.05-$19.17.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 20.79%. While this was happening, its average annual earnings per share was recorded -46.11%. With a float of $33.28 million, this company’s outstanding shares have now reached $38.80 million.
Considering the fact that the conglomerate employs 471 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 57.95%, operating margin of -48.78%, and the pretax margin is -38.95%.
Quanterix Corp (QTRX) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Quanterix Corp is 14.26%, while institutional ownership is 95.37%. 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
According to the Wall Street analysts, stocks earnings will be around -46.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.39% during the next five years compared to 9.19% growth over the previous five years of trading.
Quanterix Corp (NASDAQ: QTRX) Trading Performance Indicators
Take a look at Quanterix Corp’s (QTRX) current performance indicators. Last quarter, stock had a quick ratio of 7.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24, a number that is poised to hit -0.38 in the next quarter and is forecasted to reach -0.99 in one year’s time.
Technical Analysis of Quanterix Corp (QTRX)
Compared to the last year’s volume of 0.81 million, its volume of 1.22 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.39%. Additionally, its Average True Range was 0.55.
During the past 100 days, Quanterix Corp’s (QTRX) raw stochastic average was set at 8.86%, which indicates a significant decrease from 30.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.52% in the past 14 days, which was higher than the 87.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.01, while its 200-day Moving Average is $10.07. Nevertheless, the first resistance level for the watch stands at $4.95 in the near term. At $5.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.39. If the price goes on to break the first support level at $4.50, it is likely to go to the next support level at $4.21. Now, if the price goes above the second support level, the third support stands at $4.06.
Quanterix Corp (NASDAQ: QTRX) Key Stats
The company with the Market Capitalisation of 185.99 million has total of 38,829K Shares Outstanding. Its annual sales at the moment are 137,420 K in contrast with the sum of -38,530 K annual income. Company’s last quarter sales were recorded 35,160 K and last quarter income was -10,630 K.
