Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of QT Imaging Holdings Inc (NASDAQ: QTI) closed at $0.47 in the last session, up 6.59% from day before closing price of $0.44. In other words, the price has increased by $6.59 from its previous closing price. On the day, 91328.0 shares were traded. QTI stock price reached its highest trading level at $0.47 during the session, while it also had its lowest trading level at $0.4281.
Ratios:
We take a closer look at QTI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 1.06.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 12 ’24 when GREENE JAMES S bought 428,082 shares for $0.58 per share. The transaction valued at 250,000 led to the insider holds 628,082 shares of the business.
DICKSON DANIEL H bought 85,616 shares of QTI for $50,000 on Nov 12 ’24. The Director now owns 85,616 shares after completing the transaction at $0.58 per share. On Nov 12 ’24, another insider, Katz Avi S, who serves as the Chairman of the company, bought 2,671,232 shares for $0.58 each. As a result, the insider paid 1,559,999 and bolstered with 2,671,232 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, QTI now has a Market Capitalization of 10236160 and an Enterprise Value of 16893070. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54. Its current Enterprise Value per Revenue stands at 5.439 whereas that against EBITDA is -3.343.
Stock Price History:
The Beta on a monthly basis for QTI is -0.20, which has changed by -0.9568934 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, QTI has reached a high of $14.40, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -7.65%, while the 200-Day Moving Average is calculated to be -30.10%.
Shares Statistics:
According to the various share statistics, QTI traded on average about 211.87K shares per day over the past 3-months and 417670 shares per day over the past 10 days. A total of 21.44M shares are outstanding, with a floating share count of 13.91M. Insiders hold about 36.26% of the company’s shares, while institutions hold 15.77% stake in the company. Shares short for QTI as of 1730332800 were 75347 with a Short Ratio of 0.91, compared to 1727654400 on 102276. Therefore, it implies a Short% of Shares Outstanding of 75347 and a Short% of Float of 0.34999999.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
