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Quotient Limited (QTNT): The stock short term indicators are indicating Sell today

How have the shares performed?

Quotient Limited (QTNT) saw an uptrend of 9.02% in the recent trading with $3.99 being its most recent. The current price level -54.48% lower than the highest price of $8.77 marked by the stock while trading over the past 52-weeks, whereas it is 17.01% higher than the lowest price of $3.41 the company dropped to over past 52-weeks. The latest news story on QTNT appeared in GlobeNewswire under the title “MosaiQ by Quotient Wins Prestigious Red Dot Design Award” on Apr-12-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -2.92% below one month high and is +17.01% above of the lowest during that time. Looking into the simple moving average, Quotient Limited (QTNT)’s stock stands at a SMA-50 of $3.87 while that of 5-day is reading $3.67.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and QTNT’s SMA-200 as of now is $5.20.

Quotient Limited Earnings – What Happened With QTNT

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Quotient Limited (QTNT) last released financial results for the quarter that ended 12/31/2020, posting a surprise factor of 0.00% for net revenue. During the reported three-month period, company’s sales were $8.75 billion while analysts on average were estimating the same to be $8.8 million.

QTNT – Quotient Limited Stock Earnings Estimates

The perspective of Quotient Limited (NASDAQ:QTNT)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.29 for stock’s EPS in the current quarter. 3 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.29.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 101.02 million. QTNT does have institutional investors; and they hold 91.60% of the stock.

Quotient Limited – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 10 new insider purchases involving 61,963 shares. On the other hand, QTNT declared 126,000 shares have been sold in 2 insider transactions over the past three months.

As on Mar 31, 2021, Perceptive Advisors Llc was the top most holder in Quotient Limited (NASDAQ:QTNT) with an ownership of 16.2 million shares of the company or 16.02% of the stake worth $59.62 million. The filing also reveals Polar Capital Holdings Plc as the second largest holder in the company with a control over 9.15% of the outstanding shares. Its stake is worth $48.2 million for having 9.25 million shares in hand.

Credit Suisse AG also came holding a key position in the company during the recent quarter and it now holds 6.44% of the outstanding shares. With this there are now 144 institutions which have possession in QTNT’s shares.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Quotient Limited was 4.83 while posting a debt to equity ratio of 23.68.

Technical Analysis of Quotient Limited (NASDAQ:QTNT) stock

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To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Quotient Limited (QTNT), we notice that the stock’s 20-day average volume is at 493,955 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 603,732 shares. And to end, QTNT’s 100-day average volume is 765,114 shares with 100% of the long-term indicators pointing towards Sell for the stock.

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