Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Q32 Bio Inc’s stock clocked out at $2.88, down -9.43% from its previous closing price of $3.18. In other words, the price has decreased by -$9.43 from its previous closing price. On the day, 0.85 million shares were traded. QTTB stock price reached its highest trading level at $2.98 during the session, while it also had its lowest trading level at $2.6.
Ratios:
To gain a deeper understanding of QTTB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.53 and its Current Ratio is at 6.53. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 0.92.
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, Piper Sandler on February 11, 2025, Downgraded its rating to Neutral and sets its target price to $4 from $20 previously.
On February 11, 2025, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $22 to $3.
Wells Fargo Downgraded its Overweight to Equal Weight on December 11, 2024, whereas the target price for the stock was revised from $95 to $16.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 25 ’24 when TZIANABOS ARTHUR sold 265 shares for $24.20 per share. The transaction valued at 6,413 led to the insider holds 7,983 shares of the business.
Alloway Paul sold 268 shares of QTTB for $6,488 on Mar 25 ’24. The insider now owns 2,596 shares after completing the transaction at $24.21 per share. On Mar 25 ’24, another insider, Michaud Charles Jr, who serves as the insider of the company, sold 75 shares for $24.20 each. As a result, the insider received 1,815 and left with 927 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, QTTB now has a Market Capitalization of 35080416 and an Enterprise Value of -31893582. Its current Enterprise Value per Revenue stands at 2.175 whereas that against EBITDA is 0.415.
Stock Price History:
The Beta on a monthly basis for QTTB is -0.31, which has changed by -0.74940896 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, QTTB has reached a high of $53.79, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is -60.65%, while the 200-Day Moving Average is calculated to be -89.62%.
Shares Statistics:
It appears that QTTB traded 378.67K shares on average per day over the past three months and 182480 shares per day over the past ten days. A total of 12.14M shares are outstanding, with a floating share count of 4.62M. Insiders hold about 62.06% of the company’s shares, while institutions hold 44.04% stake in the company. Shares short for QTTB as of 1738281600 were 1335173 with a Short Ratio of 3.53, compared to 1735603200 on 1473706.
