A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. QT Imaging Holdings Inc’s current trading price is -96.61% away from its 52-week high, while its distance from the 52-week low is 39.43%. The stock’s price range for this time frame has been between $0.35 and $14.40. The trading volume of the company’s shares in the Healthcare reached around 1.14 million for the day, which was evidently higher than the average daily volume of 0.17 million over the last three months.
The stock market performance of QT Imaging Holdings Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $14.40 on 02/26/24, while the lowest price during the same time frame was $0.35, recorded on 12/24/24.
How Financial Performance Impacts Market Capitalization
QT Imaging Holdings Inc (QTI) has experienced a quarterly decline of -31.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.65M and boasts a workforce of 3 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5678, with a change in price of +0.0130. Similarly, QT Imaging Holdings Inc recorded 162,633 in trading volume during the last 100 days, posting a change of +2.74%.
QTI Stock Stochastic Average
The raw stochastic average for QT Imaging Holdings Inc over the last 50 days is presently at 28.16%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 69.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 41.30% and 24.71%, respectively.
QTI Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -95.56%.However, over the last six months, we can see a stronger performance of -34.05%. Over the last 30 days, the price of QTI has leaped by -10.46%. And in the last five days, it has surged by 28.42%.
