Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $6.98 in the prior trading day, Quanterix Corp (NASDAQ: QTRX) closed at $6.3, down -9.74%. In other words, the price has decreased by -$9.74 from its previous closing price. On the day, 0.53 million shares were traded. QTRX stock price reached its highest trading level at $6.969 during the session, while it also had its lowest trading level at $6.27.
Ratios:
Our goal is to gain a better understanding of QTRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.53 and its Current Ratio is at 8.29. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on February 01, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $30.
On September 25, 2023, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $25 to $32.
SVB Securities Upgraded its Market Perform to Outperform on August 08, 2023, while the target price for the stock was maintained at $30.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 13 ’25 when WALT DAVID R bought 123,990 shares for $6.14 per share. The transaction valued at 760,803 led to the insider holds 1,866,933 shares of the business.
WALT DAVID R bought 36,010 shares of QTRX for $224,166 on Jun 12 ’25. The Director now owns 1,742,943 shares after completing the transaction at $6.23 per share. On Jun 09 ’25, another insider, Toloue Masoud, who serves as the President & CEO of the company, bought 45,900 shares for $5.42 each. As a result, the insider paid 248,723 and bolstered with 518,922 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QTRX now has a Market Capitalization of 244785872 and an Enterprise Value of 27745416. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.204 whereas that against EBITDA is -0.517.
Stock Price History:
The Beta on a monthly basis for QTRX is 1.08, which has changed by -0.50197625 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, QTRX has reached a high of $16.74, while it has fallen to a 52-week low of $4.05. The 50-Day Moving Average of the stock is 10.70%, while the 200-Day Moving Average is calculated to be -29.55%.
Shares Statistics:
The stock has traded on average 795.59K shares per day over the past 3-months and 777870 shares per day over the last 10 days, according to various share statistics. A total of 38.80M shares are outstanding, with a floating share count of 32.80M. Insiders hold about 15.59% of the company’s shares, while institutions hold 93.76% stake in the company. Shares short for QTRX as of 1749772800 were 3237887 with a Short Ratio of 4.07, compared to 1747267200 on 2979428. Therefore, it implies a Short% of Shares Outstanding of 3237887 and a Short% of Float of 8.89.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
