Q32 Bio Inc (NASDAQ: QTTB) kicked off on Friday, down -6.45% from the previous trading day, before settling in for the closing price of $1.55. Over the past 52 weeks, QTTB has traded in a range of $1.38-$53.79.
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A company in the Healthcare sector has jumped its sales by 31.75% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 47.27%. With a float of $4.44 million, this company’s outstanding shares have now reached $12.20 million.
In an organization with 42 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Q32 Bio Inc is 63.56%, while institutional ownership is 19.22%.
Q32 Bio Inc (QTTB) Latest Financial update
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 47.27% 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 31.75% growth over the previous five years of trading.
Q32 Bio Inc (NASDAQ: QTTB) Trading Performance Indicators
Take a look at Q32 Bio Inc’s (QTTB) current performance indicators. Last quarter, stock had a quick ratio of 4.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.95, a number that is poised to hit -0.98 in the next quarter and is forecasted to reach -4.43 in one year’s time.
Technical Analysis of Q32 Bio Inc (QTTB)
Let’s dig in a bit further. During the last 5-days, its volume was 0.24 million. That was better than the volume of 0.19 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.44%.
During the past 100 days, Q32 Bio Inc’s (QTTB) raw stochastic average was set at 3.37%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.66% in the past 14 days, which was lower than the 89.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7115, while its 200-day Moving Average is $14.8995. However, in the short run, Q32 Bio Inc’s stock first resistance to watch stands at $1.5667. Second resistance stands at $1.6833. The third major resistance level sits at $1.7417. If the price goes on to break the first support level at $1.3917, it is likely to go to the next support level at $1.3333. The third support level lies at $1.2167 if the price breaches the second support level.
Q32 Bio Inc (NASDAQ: QTTB) Key Stats
The company with the Market Capitalisation of 17.69 million has total of 12,198K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -47,730 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -11,030 K.