Quanterix Corp (NASDAQ: QTRX) on Friday, soared 0.41% from the previous trading day, before settling in for the closing price of $4.83. Within the past 52 weeks, QTRX’s price has moved between $4.05 and $19.17.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Healthcare Sector giant saw their annual sales surged by 20.79% over the last five years. The company achieved an average annual earnings per share of -52.44%. With a float of $33.28 million, this company’s outstanding shares have now reached $38.80 million.
The firm has a total of 471 workers. Let’s measure their productivity. 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
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Quanterix Corp is 14.30%, while institutional ownership is 93.87%. 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 -52.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.59% during the next five years compared to 9.19% growth over the previous five years of trading.
Quanterix Corp (NASDAQ: QTRX) Trading Performance Indicators
Quanterix Corp (QTRX) is currently performing well based on its current performance indicators. A quick ratio of 7.53 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24, a number that is poised to hit -0.40 in the next quarter and is forecasted to reach -1.05 in one year’s time.
Technical Analysis of Quanterix Corp (QTRX)
Analysing the last 5-days average volume posted by the [Quanterix Corp, QTRX], we can find that recorded value of 0.58 million was lower than the volume posted last year of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 44.08%. Additionally, its Average True Range was 0.48.
During the past 100 days, Quanterix Corp’s (QTRX) raw stochastic average was set at 9.57%, which indicates a significant decrease from 42.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 114.69% in the past 14 days, which was higher than the 87.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.76, while its 200-day Moving Average is $9.85. Now, the first resistance to watch is $4.96. This is followed by the second major resistance level at $5.06. The third major resistance level sits at $5.24. If the price goes on to break the first support level at $4.67, it is likely to go to the next support level at $4.49. Now, if the price goes above the second support level, the third support stands at $4.39.
Quanterix Corp (NASDAQ: QTRX) Key Stats
Market capitalization of the company is 188.32 million based on 38,829K outstanding shares. Right now, sales total 137,420 K and income totals -38,530 K. The company made 30,330 K in profit during its latest quarter, and -20,500 K in sales during its previous quarter.
