On Monday, Q32 Bio Inc (NASDAQ: QTTB) opened lower -23.68% from the last session, before settling in for the closing price of $2.66. Price fluctuations for QTTB have ranged from $1.35 to $53.79 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted 47.27% at the time writing. 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 Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Q32 Bio Inc is 63.56%, while institutional ownership is 19.06%.
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 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
Check out the current performance indicators for Q32 Bio Inc (QTTB). In the past quarter, the stock posted 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 13.22 million. That was better than the volume of 0.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.09%.
During the past 100 days, Q32 Bio Inc’s (QTTB) raw stochastic average was set at 28.48%, which indicates a significant increase from 28.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.33 in the past 14 days, which was higher than the 0.20 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.71, while its 200-day Moving Average is $12.65. However, in the short run, Q32 Bio Inc’s stock first resistance to watch stands at $2.51. Second resistance stands at $3.00. The third major resistance level sits at $3.30. If the price goes on to break the first support level at $1.72, it is likely to go to the next support level at $1.42. Assuming the price breaks the second support level, the third support level stands at $0.93.
Q32 Bio Inc (NASDAQ: QTTB) Key Stats
There are currently 12,198K shares outstanding in the company with a market cap of 24.76 million. Presently, the company’s annual sales total 0 K according to its annual income of -47,730 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -11,030 K.
