-
1 Comment
Quanterix Corporation is currently in a long term uptrend where the price is trading 3.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.4% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 21.5.
Quanterix Corporation's total revenue rose by 64.2% to $26M since the same quarter in the previous year.
Its net income has increased by 10.4% to $-10M since the same quarter in the previous year.
Finally, its free cash flow grew by 156.6% to $3M since the same quarter in the previous year.
Based on the above factors, Quanterix Corporation gets an overall score of 5/5.
Industry | Medical Devices |
---|---|
ISIN | US74766Q1013 |
CurrencyCode | USD |
Exchange | NASDAQ |
Sector | Healthcare |
Beta | 1.37 |
---|---|
PE Ratio | None |
Dividend Yield | 0.0% |
Target Price | 14 |
Market Cap | 498M |
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. It offers HD-X instrument, a sensitive automated multiplex protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection technology in various applications, including direct detection of nucleic acids. The company also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assay kits and other consumables such as reagents. In addition, it offers contract research services, including sample testing, homebrew assay development, and custom development services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct sales force, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for QTRX using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024