Quanterix Corp Stock Today

QTRX Stock  USD 11.72  0.70  6.35%   

Performance

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Odds Of Distress

Less than 28

 
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Quanterix Corp is trading at 11.72 as of the 22nd of November 2024; that is 6.35% increase since the beginning of the trading day. The stock's open price was 11.02. Quanterix Corp has about a 28 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Quanterix Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
7th of December 2017
Category
Healthcare
Classification
Health Care
Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company has 38.38 M outstanding shares of which 1.99 M shares are at this time shorted by private and institutional investors with about 6.19 trading days to cover. More on Quanterix Corp

Quanterix Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentMasoud Toloue
Thematic IdeaMeasuring and Control Equipment (View all Themes)
Business ConcentrationLife Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Measuring and Control Equipment, Health Care, Life Sciences Tools & Services, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Debt Levels
Quanterix Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Quanterix Corp's financial leverage. It provides some insight into what part of Quanterix Corp's total assets is financed by creditors.
Liquidity
Quanterix Corp currently holds 41.46 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Quanterix Corp has a current ratio of 11.04, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Quanterix Corp's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

2.56 Million
Quanterix Corp (QTRX) is traded on NASDAQ Exchange in USA. It is located in Building 1, Billerica, MA, United States, 01821 and employs 441 people. Quanterix Corp is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 475.9 M. Quanterix Corp conducts business under Life Sciences Tools & Services sector and is part of Health Care industry. The entity has 38.38 M outstanding shares of which 1.99 M shares are at this time shorted by private and institutional investors with about 6.19 trading days to cover. Quanterix Corp currently holds about 361.29 M in cash with (18.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.77.
Check Quanterix Corp Probability Of Bankruptcy
Ownership Allocation
Quanterix Corp owns a total of 38.38 Million outstanding shares. The majority of Quanterix Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Quanterix Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Quanterix Corp. Please pay attention to any change in the institutional holdings of Quanterix Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Quanterix Ownership Details

Quanterix Stock Institutional Holders

InstituionRecorded OnShares
Ashford Capital Management Inc2024-06-30
771.3 K
Amvescap Plc.2024-06-30
737.2 K
Emerald Advisers, Llc2024-09-30
719.2 K
Baillie Gifford & Co Limited.2024-09-30
633 K
Nuveen Asset Management, Llc2024-06-30
606.4 K
Tikvah Management Llc2024-06-30
571.6 K
Emerald Mutual Fund Advisers Trust2024-09-30
563.2 K
Pier Capital, Llc2024-09-30
511.8 K
Ubs Asset Mgmt Americas Inc2024-09-30
510.8 K
Alliancebernstein L.p.2024-06-30
3.4 M
Blackrock Inc2024-06-30
3.1 M
View Quanterix Corp Diagnostics

Quanterix Corp Historical Income Statement

At this time, Quanterix Corp's Interest Income is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 8.8 M in 2024, whereas Total Revenue is likely to drop slightly above 69.8 M in 2024. View More Fundamentals

Quanterix Stock Against Markets

Additional Tools for Quanterix Stock Analysis

When running Quanterix Corp's price analysis, check to measure Quanterix Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quanterix Corp is operating at the current time. Most of Quanterix Corp's value examination focuses on studying past and present price action to predict the probability of Quanterix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanterix Corp's price. Additionally, you may evaluate how the addition of Quanterix Corp to your portfolios can decrease your overall portfolio volatility.