A share price of Quanterix Corp [QTRX] is currently trading at $6.58, up 30.04%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QTRX shares have gain 21.29% over the last week, with a monthly amount glided 24.62%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Quanterix Corp [NASDAQ: QTRX] stock has seen the most recent analyst activity on February 01, 2024, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $30. Previously, Canaccord Genuity upgraded its rating to Buy on September 25, 2023, and elevated its price target to $32. On August 08, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $30 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $27 on May 23, 2023. Canaccord Genuity downgraded its rating to a Hold and reduced its price target to $12 on August 15, 2022. SVB Leerink downgraded its rating to Mkt Perform for this stock on August 09, 2022, and downed its price target to $15. In a note dated August 09, 2022, Cowen downgraded an Market Perform rating on this stock and revised its target price from $38 to $18.
Quanterix Corp experienced fluctuations in its stock price throughout the past year between $4.05 and $19.17. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Quanterix Corp [NASDAQ: QTRX] shares were valued at $6.58 at the most recent close of the market. An investor can expect a potential return of 173.56% based on the average QTRX price forecast.
Analyzing the QTRX fundamentals
Trailing Twelve Months sales for Quanterix Corp [NASDAQ:QTRX] were 135.69M which represents -5.40% decline. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.49%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.37%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.15 and Total Capital is -0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Quanterix Corp [NASDAQ:QTRX] is 8.29. As well, the Quick Ratio is 7.53, while the Cash Ratio is 1.89. Considering the valuation of this stock, the price to sales ratio is 1.88, the price to book ratio is 0.81.
Transactions by insiders
Recent insider trading involved Toloue Masoud, President & CEO, that happened on Jun 09 ’25 when 45900.0 shares were purchased. Director, WALT DAVID R completed a deal on Jun 06 ’25 to buy 0.13 million shares. Meanwhile, Director WALT DAVID R bought 78131.0 shares on Jun 09 ’25.
