Quanterix Corp (NASDAQ:QTRX) currently has a daily average trading volume of 774.28K but it saw 779591 shares traded in last market. With a market cap of 205.02M USD, the company’s current market price of $5.28 came rising about 3.83 while comparing to the previous closing price of $5.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.17 and as low as $4.05. In the recent trading on the day, stock has struck highest price mark of $5.17 while lowest mark touched by it was $5.4.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Scotiabank which initiated the stock as “Sector Outperform” in its note to investors issued on February 01, 2024, recommending a price target of $30 for it. Canaccord Genuity upgraded its recommendation for the stock as a “Buy” from “Hold” on September 25, 2023 while assigning a price target range of $25-$32. SVB Securities issued its recommendations for the stock as it upgraded the price target for the stock is $30.
Over the week, QTRX’s stock price is moving 5.81% up while it is -8.65% when we observe its performance for the past one month. Year-to-date it is -50.33% down and over the past year, the stock is showing a downside performance of -68.12%.
Currently, Quanterix Corp’s total number of outstanding shares is 38.80M with 6.36% of that held by the insiders while 90.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -13.76% and return on equity (ROE) at -14.51%. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 0.65 while price to sale or P/S ratio amounts to 1.51. Its return on asset (ROA) is -11.81% on average.
