Quotient Technology Inc. (NYSE:QUOT) saw an upside of 0.51% to close Tuesday at $3.98 after adding $0.02 on the day. The 5-day average trading volume is 1,651,400 shares of the company’s common stock. It has gained $3.99 in the past week and touched a new high 3 times within the past 5 days. An average of 1,657,250 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,493,590.
QUOT’s 1-month performance is 2.58% or $0.10 on its low of $3.88 reached on 07/25/23. The company’s shares have touched a 52-week low of $1.68 and high of $4.25, with the stock’s rally to the 52-week high happening on 02/08/23. YTD, QUOT has achieved 16.03% or $0.55 and has reached a new high 9 times. However, the current price is down -6.35% from the 52-week high price.
Insider Transactions
QUOT stock investors last saw insider trading activity on Dec 15.Raskin Scott David (President) most recently sold 25,831 shares at $3.11 per share on Nov 18. This transaction cost the insider $80,394.
Valuation Metrics
QUOT stock has a beta of 1.04. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.49 while the price-to-book (PB) in the most recent quarter is 2.52.
Quotient Technology Inc.’s quick ratio for the period ended June 29 was 1.40, with the current ratio over the same period at 1.40. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.30, while the total debt to equity was 0.32.. In terms of profitability, the gross margin trailing 12 months is 49.80%. The trailing 12-month EBITDA margin is -6.11% while for the period ending June 29, Quotient Technology Inc.’s operating margin was -13.60%. The firm’s gross profit as reported stood at $133.89 million against revenue of $288.77 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -172.7% to -$15.9 million, while revenue of -$17.67 million was -11.13% off the previous quarter. Analysts expected QUOT to announce -$0.08 per share in earnings in its latest quarter, but it posted -$0.16, representing a -100.00% surprise. EBITDA for the quarter stood at more than -$8.18 million. QUOT stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 170.6 million, with total debt at $75.17 million. Shareholders hold equity totaling $99.73 million.
Let’s look briefly at Quotient Technology Inc. (QUOT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 70.94% to suggest the stock is trending Overbought, with historical volatility in this time period at 3.64%.
The stock’s 5-day moving average is $3.96, reflecting a +0.25% or $0.01 change from its current price. QUOT is currently trading +1.79% above its 20-day SMA, +28.39% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +23.99% and SMA200 by+50.19%.
Stochastic %K and %D was 59.92% and 63.36% and the average true range (ATR) pointed at 0.02. The RSI (14) points at 70.15%, while the 14-day stochastic is at 75.00% with the period’s ATR at 0.03. The stock’s 9-day MACD Oscillator is pointing at 0.00 and 0.00 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Quotient Technology Inc. (NYSE: QUOT), Craig Hallum upgraded it to a Buy rating. They previously had a Hold rating on the stock.
