Quanterix Corp’s recently made public that its President & CEO Toloue Masoud acquired Company’s shares for reported $0.21 million on Aug 13 ’24. In the deal valued at $10.90 per share,19,000 shares were bought. As a result of this transaction, Toloue Masoud now holds 354,119 shares worth roughly $4.23 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, OLSON LAURIE J sold 1,500 shares, generating $25,470 in total proceeds. Upon selling the shares at $16.98, the Director now owns 13,738 shares.
Before that, OLSON LAURIE J sold 1,000 shares. Quanterix Corp shares valued at $23,500 were divested by the Director at a price of $23.50 per share. As a result of the transaction, OLSON LAURIE J now holds 15,238 shares, worth roughly $0.18 million.
Scotiabank initiated its Quanterix Corp [QTRX] rating to a Sector outperform in a research note published on February 01, 2024; the price target was $30. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who increased its forecast for the stock in late September from “a Hold” to “a Buy”. SVB Securities also remained covering QTRX and has increased its forecast on August 08, 2023 with a “an Outperform” recommendation from previously “Market perform” rating. Goldman revised its rating on May 23, 2023. It rated QTRX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of QTRX
On Tuesday, Quanterix Corp [NASDAQ:QTRX] saw its stock fall -0.33% to $11.95. Over the last five days, the stock has lost -2.29%. Quanterix Corp shares have fallen nearly -56.29% since the year began. Nevertheless, the stocks have fallen -51.28% over the past one year. While a 52-week high of $29.70 was reached on 03/08/24, a 52-week low of $10.50 was recorded on 08/09/24. SMA at 50 days reached $13.35, while 200 days put it at $19.44.
Levels Of Support And Resistance For QTRX Stock
The 24-hour chart illustrates a support level at 11.66, which if violated will result in even more drops to 11.36. On the upside, there is a resistance level at 12.28. A further resistance level may holdings at 12.60. The Relative Strength Index (RSI) on the 14-day chart is 39.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.39%. Stochastics %K at 7.75% indicates the stock is a buying.
How much short interest is there in Quanterix Corp?
A steep rise in short interest was recorded in Quanterix Corp stocks on 2024-08-15, growing by 0.11 million shares to a total of 2.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 1.91 million shares. There was a rise of 5.59%, which implies that there is a positive sentiment for the stock.
