Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Quanterix Corp’s current trading price is -72.86% away from its 52-week high, while its distance from the 52-week low is 8.70%. The stock’s price range during this period has varied between $7.41 and $29.70. The company, active in the Healthcare sector, saw a trading volume of around 0.96 million for the day, considerably higher average daily volume of 0.63 million observed over the last three months.
Quanterix Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $29.70 on 03/08/24, while the lowest price during the same period was $7.41 on 02/21/25.
How Financial Performance Impacts Market Capitalization
Quanterix Corp (QTRX) has experienced a quarterly decline of -27.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 310.51M.
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 11.11, with a change in price of -4.67. Similarly, Quanterix Corp recorded 545,115 in trading volume during the last 100 days, posting a change of -36.68%.
How QTRX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Quanterix Corp over the last 50 days is at 12.92%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 25.05%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.08% and 8.56%, respectively.
QTRX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -24.18%. However, over the past six months, we’ve seen a stronger performance of -38.71%. The price of QTRX leaped by -21.06% over the last 30 days. And in the last five days, it has surged by 0.12%.
