Gaining Ground: Quanterix Corp (QTRX) Closes Higher at 6.98, Up 0.87

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The price of Quanterix Corp (NASDAQ: QTRX) closed at $6.98 in the last session, up 0.87% from day before closing price of $6.92. In other words, the price has increased by $0.87 from its previous closing price. On the day, 0.38 million shares were traded. QTRX stock price reached its highest trading level at $7.03 during the session, while it also had its lowest trading level at $6.83.

Ratios:

We take a closer look at QTRX’s different ratios to gain a better understanding of the stock. 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:

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 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 271207200 and an Enterprise Value of 27745416. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 0.86. 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 1.07, which has changed by -0.4292723 over the last 52 weeks, in comparison to a change of 0.12792087 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 23.06%, while the 200-Day Moving Average is calculated to be -22.23%.

Shares Statistics:

According to the various share statistics, QTRX traded on average about 796.36K shares per day over the past 3-months and 793010 shares per day over the past 10 days. A total of 38.80M shares are outstanding, with a floating share count of 32.79M. Insiders hold about 15.62% 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

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