With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.72 million shares. The 52-week range on QTRX shows that it touched its highest point at $29.70 and its lowest point at $6.80 during that stretch. It currently has a 1-year price target of $18.60. Beta for the stock currently stands at 1.31.
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 QTRX was down-trending over the past week, with a drop of -2.50%, but this was down by -14.55% over a month. Three-month performance dropped to -37.18% while six-month performance fell -39.89%. The stock lost -73.77% in the past year, while it has lost -30.39% so far this year. A look at the trailing 12-month EPS for QTRX yields -0.94 with Next year EPS estimates of -0.98. For the next quarter, that number is -0.25. This implies an EPS growth rate of -10.05% for this year and -3.83% for next year. EPS is expected to grow by 4.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.06%.
Float and Shares Shorts:
At present, 38.48 million QTRX shares are outstanding with a float of 32.96 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 QTRX since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 -$0.91337 being high and -$0.97838 being low. For QTRX, this leads to a yearly average estimate of -$0.9464. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
