With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.75 million shares. The 52-week range on QTRX shows that it touched its highest point at $19.17 and its lowest point at $4.05 during that stretch. It currently has a 1-year price target of $11.40. Beta for the stock currently stands at 1.05.
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 up-trending over the past week, with a rise of 8.25%, but this was down by -9.01% over a month. Three-month performance dropped to -25.95% while six-month performance fell -56.47%. The stock lost -67.55% in the past year, while it has lost -50.61% so far this year. A look at the trailing 12-month EPS for QTRX yields -1.24 with Next year EPS estimates of -1.05. For the next quarter, that number is -0.40. This implies an EPS growth rate of -52.44% for this year and 31.04% for next year. EPS is expected to grow by 6.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.19%.
Float and Shares Shorts:
At present, 38.80 million QTRX shares are outstanding with a float of 33.28 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 -$0.89949 being high and -$1.036 being low. For QTRX, this leads to a yearly average estimate of -$0.9464.
