Quanterix Corp (NASDAQ:QTRX) shares, rose in value on Friday, July 11, with the stock price up by 0.60% to the previous day’s close as strong demand from buyers drove the stock to $5.89.
Actively observing the price movement in the last trading, the stock closed the session at $5.86, falling within a range of $5.7101 and $5.95. The value of beta (5-year monthly) was 1.053. Referring to stock’s 52-week performance, its high was $16.74, and the low was $4.05. On the whole, QTRX has fluctuated by -10.49% over the past month.
With the market capitalization of Quanterix Corp currently standing at about $274.79 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that QTRX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% 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 price of QTRX currently trading nearly -6.81% and 3.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.32, while the 7-day volatility ratio is showing 7.53% which for the 30-day chart, stands at 7.78%. Furthermore, Quanterix Corp (QTRX)’s beta value is 1.08.
A comparison of Quanterix Corp (QTRX) with its peers suggests the former has fared considerably weaker in the market. QTRX showed an intraday change of 0.60% in last session, and over the past year, it shrunk by -44.59%%.
Data on historical trading for Quanterix Corp (NASDAQ:QTRX) indicates that the trading volumes over the past 10 days have averaged 0.7 and over the past 3 months, they’ve averaged 756.34K. According to company’s latest data on outstanding shares, there are 46.65 million shares outstanding.
Nearly 15.59% of Quanterix Corp’s shares belong to company insiders and institutional investors own 78.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.24 million shares as on 2025-06-13, resulting in a short ratio of 3.76. According to the data, the short interest in Quanterix Corp (QTRX) stood at 889.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 2.98 million. The stock has fallen by -53.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the QTRX stock heading into the next quarter.