Qiagen NV (NYSE:QGEN) shares, rose in value on Friday, March 28, with the stock price up by 0.50% to the previous day’s close as strong demand from buyers drove the stock to $39.85.
Actively observing the price movement in the last trading, the stock closed the session at $39.65, falling within a range of $39.7 and $40.11. The value of beta (5-year monthly) was 0.443 whereas the PE ratio was 107.27 over 12-month period. Referring to stock’s 52-week performance, its high was $47.92, and the low was $37.63. On the whole, QGEN has fluctuated by 3.78% over the past month.
With the market capitalization of Qiagen NV currently standing at about $8.67 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.04B, with a low estimate of 463M and a high estimate of 469.01M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 464.82M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that QGEN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 16.25, with the price of QGEN currently trading nearly 1.28% and -3.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.86, while the 7-day volatility ratio is showing 1.08% which for the 30-day chart, stands at 1.56%. Furthermore, Qiagen NV (QGEN)’s beta value is 0.64, and its average true range (ATR) is 0.65.
A comparison of Qiagen NV (QGEN) with its peers suggests the former has fared considerably weaker in the market. QGEN showed an intraday change of 0.50% in last session, and over the past year, it shrunk by -6.66%%.
Data on historical trading for Qiagen NV (NYSE:QGEN) indicates that the trading volumes over the past 10 days have averaged 0.86 and over the past 3 months, they’ve averaged 1.19 million. According to company’s latest data on outstanding shares, there are 216.12 million shares outstanding.
Nearly 0.79% of Qiagen NV’s shares belong to company insiders and institutional investors own 73.76% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.72 million shares as on 2025-03-14, resulting in a short ratio of 3.13. According to the data, the short interest in Qiagen NV (QGEN) stood at 225.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.16 million. The stock has fallen by -10.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the QGEN stock heading into the next quarter.
