With 0.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.78 million shares. The 52-week range on QTRX shows that it touched its highest point at $16.74 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 21.94%, but this was up by 37.11% over a month. Three-month performance dropped to -15.25% while six-month performance fell -46.49%. The stock lost -65.28% in the past year, while it has lost -41.96% so far this year. A look at the trailing 12-month EPS for QTRX yields -1.24 with Next year EPS estimates of -1.01. For the next quarter, that number is -0.39. This implies an EPS growth rate of -50.33% for this year and 33.11% for next year. EPS is expected to grow by 9.01% 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 32.93 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 -$0.90243 being high and -$1.03928 being low. For QTRX, this leads to a yearly average estimate of -$0.9464.
