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.
The closing price of Quanterix Corp (NASDAQ: QTRX) was $752.16K for the day, up 681395% from the previous closing price of $6.38. In other words, the price has increased by $681395 from its previous closing price. On the day, 0.68 million shares were traded.
Ratios:
Our analysis of QTRX’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 237791984. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 0.75.
Stock Price History:
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 12.64%, while the 200-Day Moving Average is calculated to be -33.71%.
Shares Statistics:
A total of 38.80M shares are outstanding, with a floating share count of 32.79M. Insiders hold about 15.61% of the company’s shares, while institutions hold 93.76% stake in the company.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
