On Friday, Quanterix Corp (NASDAQ: QTRX) opened at On Friday, higher 4.07% from the last session, before settling in for the closing price of $5.16. Price fluctuations for QTRX have ranged from $4.05 to $19.17 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 19.36%. Company’s average yearly earnings per share was noted -50.33% at the time writing. With a float of $33.28 million, this company’s outstanding shares have now reached $38.80 million.
The extent of productivity of a business whose workforce counts for 471 workers is very important to gauge. In terms of profitability, gross margin is 57.95%, operating margin of -48.78%, and the pretax margin is -38.95%.
Quanterix Corp (QTRX) Insider Updates
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 14.29%, while institutional ownership is 93.83%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -50.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.01% during the next five years compared to 9.19% 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 7.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24, a number that is poised to hit -0.39 in the next quarter and is forecasted to reach -1.01 in one year’s time.
Technical Analysis of Quanterix Corp (QTRX)
The latest stats from [Quanterix Corp, QTRX] show that its last 5-days average volume of 0.55 million was inferior to 0.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.88%. Additionally, its Average True Range was 0.43.
During the past 100 days, Quanterix Corp’s (QTRX) raw stochastic average was set at 20.82%, which indicates a significant decrease from 77.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.29% in the past 14 days, which was lower than the 80.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.43, while its 200-day Moving Average is $9.55. Now, the first resistance to watch is $5.62. This is followed by the second major resistance level at $5.86. The third major resistance level sits at $6.16. If the price goes on to break the first support level at $5.07, it is likely to go to the next support level at $4.77. Assuming the price breaks the second support level, the third support level stands at $4.53.
Quanterix Corp (NASDAQ: QTRX) Key Stats
There are currently 38,829K shares outstanding in the company with a market cap of 208.51 million. Presently, the company’s annual sales total 137,420 K according to its annual income of -38,530 K. Last quarter, the company’s sales amounted to 30,330 K and its income totaled -20,500 K.
