In the latest trading session,, 1.07 million Quanterix Corp (NASDAQ:QTRX) shares changed hands as the company’s beta touched 1.05. With the company’s most recent per share price at $6.26 changing hands around $1.2 or 23.72% at last look, the market valuation stands at $243.08M. QTRX’s current price is a discount, trading about -206.23% off its 52-week high of $19.17. The share price had its 52-week low at $4.05, which suggests the last value was 35.3% up since then. When we look at Quanterix Corp’s average trading volume, we note the 10-day average is 0.57 million shares, with the 3-month average coming to 740.41K.
Analysts gave the Quanterix Corp (QTRX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended QTRX as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Quanterix Corp (NASDAQ:QTRX) trade information
Instantly QTRX is in green as seen in intraday trades today. With action 15.39%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -41.11%, with the 5-day performance at 15.39% in the green. However, in the 30-day time frame, Quanterix Corp (NASDAQ:QTRX) is 18.56% up. Looking at the short shares, we see there were 2.98 million shares sold at short interest cover period of 4.1 days.
The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need an upside of 65.22% from its recent market value. According to analyst projections, QTRX’s forecast low is 18 with 18 as the target high. To hit the forecast high, the stock’s price needs a -187.54% plunge from its current level, while the stock would need to soar -187.54% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 9.19%. The 2025 estimates are for Quanterix Corp earnings to decrease by -50.33%, but the outlook for the next 5-year period is at 9.01% per year.
QTRX Dividends
Quanterix Corp is expected to release its next quarterly earnings report on 2025-May-11.
Quanterix Corp (NASDAQ:QTRX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.36% of Quanterix Corp shares while 89.86% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 95.97%. There are 89.86% institutions holding the Quanterix Corp stock share, with ALLIANCEBERNSTEIN L.P. the top institutional holder. As of 2024-06-30, the company held 8.9071% of the shares, roughly 3.41 million QTRX shares worth $45.11 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.1836% or 3.14 million shares worth $41.45 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were Fidelity Rutland Square TRT II-Strategic Advisers U.S. Total Stock Fd. and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 1.75 shares estimated at $10.76 million under it, the former controlled 4.50% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.96% of the shares, roughly 1.15 shares worth around $7.07 million.
