Is This Stock a Screaming Buy: Quotient Limited (NASDAQ:QTNT)

Equity Research firms currently have a positive stance on shares of Quotient Limited (NASDAQ:QTNT). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $18.00 on a short term basis.

At the time of writing, the stock was trading at $7.63. This represents a change from the opening price of -0.91%. In terms of performance, year to date, the stock is -52.00%. The monthly stock performance comes in at 7.11%. For the quarter, shares are performing at -1.66%. Weekly performance analysis shows the equity at 0.66%.

In taking a look at technical levels, shares are trading 10.64% away from the 50 day simple moving average and -16.51% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -56.25% away from it’s 52- week high and 34.57% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Quotient Limited’s RSI stands at 53.75. In looking at volatility levels, the shares saw weekly volatility of 4.22% and 5.08% over the past month.

Leave a Comment