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The closing price of QuidelOrtho Corporation (NASDAQ: QDEL) was $39.78 for the day, down -2.69% from the previous closing price of $40.88. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
Our analysis of QDEL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.77.
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 the company, Citigroup on December 11, 2024, Upgraded its rating to Buy and sets its target price to $50 from $44 previously.
On December 10, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $43.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 06 ’25 when The Bujarski 2007 Trust U/A Dt bought 100,200 shares for $47.50 per share.
Blaser Brian J. bought 6,033 shares of QDEL for $249,878 on Dec 11 ’24. The President and CEO now owns 6,033 shares after completing the transaction at $41.42 per share. On Dec 09 ’24, another insider, Robert Bujarski, who serves as the Former COO of the company, bought 20,000 shares for $40.40 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.84.
Stock Price History:
Over the past 52 weeks, QDEL has reached a high of $49.45, while it has fallen to a 52-week low of $29.74. The 50-Day Moving Average of the stock is -7.91%, while the 200-Day Moving Average is calculated to be -3.09%.
Shares Statistics:
A total of 67.26M shares are outstanding, with a floating share count of 66.07M. Insiders hold about 1.77% of the company’s shares, while institutions hold 108.71% stake in the company.
