The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Quanterix Corp’s current trading price is -68.28% away from its 52-week high, while its distance from the 52-week low is -4.56%. The stock’s price range for this period has been between $9.87 and $29.70 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 2.62 million for the day, a number notably higher than the average daily volume of 0.4 million over the last three months.
Quanterix Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $29.70 on 03/08/24, while the lowest price for the same period was registered at $9.87 on 01/10/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Quanterix Corp (QTRX) has experienced a quarterly decline of -17.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 362.90M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.39, with a change in price of -2.98. Similarly, Quanterix Corp recorded 410,102 in trading volume during the last 100 days, posting a change of -24.03%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for QTRX stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.10.
QTRX Stock Stochastic Average
Quanterix Corp’s raw stochastic average for the past 50 days is presently 3.99%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 8.01%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 51.56% and 67.22%, respectively.
QTRX Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded a decrease of -11.38%. However, over the last six months, the performance has been stronger by -33.10%. The price of QTRX decreased -22.21% over the last 30 days. And in the last five days, it has fallen by -12.45%.
