With 0.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.65 million shares. The 52-week range on QNRX shows that it touched its highest point at $6.18 and its lowest point at $0.28 during that stretch. It currently has a 1-year price target of $4.50. Beta for the stock currently stands at 1.82.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of QNRX was up-trending over the past week, with a rise of 2.02%, but this was down by -23.53% over a month. Three-month performance dropped to -50.30% while six-month performance fell -45.95%. The stock lost -89.00% in the past year, while it has lost -51.65% so far this year. A look at the trailing 12-month EPS for QNRX yields -4.08 with Next year EPS estimates of -1.48. For the next quarter, that number is -0.46. This implies an EPS growth rate of 78.42% for this year and 29.01% for next year. EPS is expected to grow by 82.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -194.79%.
Float and Shares Shorts:
At present, 5.05 million QNRX shares are outstanding with a float of 5.03 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for QNRX since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.08 being high and -$2.08 being low. For QNRX, this leads to a yearly average estimate of -$2.08. Based on analyst estimates, the high estimate for the next quarter is -$0.42 and the low estimate is -$0.42. The average estimate for the next quarter is thus -$0.42.
