At the last check on Friday, Quotient Technology Inc.’s (NYSE:QUOT) stock was up $0.02, moving up 0.38 percent to $4.01. The average number of shares traded per day over the past five days has been 690,358 shares. 5 times new highs have been achieved over the past 5 days, with a $0.02 gain in that time frame. In the last twenty days, the average volume was 1,332,859, while in the previous 50 days, it was 2,033,516.
Since last month, QUOT stock rose 0.88%. Shares of the company fell to $3.95 on 08/10/23, the lowest level in the past month. A 52-week high of $4.25 was reached on 02/08/23 after having rallying from a 52-week low of $1.68. Since the beginning of this year, QUOT’s stock price has risen by 16.76% or $0.57, and marked a new high 9 times. However, the stock has declined by -5.76% since its 52-week high.
QUOT stock investors should be aware that Quotient Technology Inc. (QUOT) stock had its last reported insider trading activity 260 days ago on Dec 15. Reece Joseph E, the Director of the company, purchased of 10,000 shares for $3.11 on Dec 15. It resulted in a $31,092 investment by the insider. GESSOW ANDREW J added 15,000 shares at an average price of $3.00 on Nov 29. The insider now owns 400,108 shares following the transaction. On Nov 18, President Raskin Scott David sold 25,831 shares at $3.11 apiece. The transaction was valued at $80,394.
Valuation Metrics
The stock’s beta is 1.05. Besides these, the trailing price-to-sales (P/S) ratio of 1.50, the price-to-book (PB) ratio of 2.53.
Financial Health
In the three months ended June 29, Quotient Technology Inc.’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.30, and the total debt-to-equity ratio was 0.32. On the profitability front, the trailing twelve-month gross margin is 49.80% percent. In the year ended June 29, EBITDA margin amounted to -6.11%, whereas operating margins totaled -13.60%. Based on annual data, QUOT earned $133.89 million in gross profit and brought in $288.77 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -31.50%. Return on equity (ROE) for the past 12 months was -24.00%.
In Quotient Technology Inc.’s quarter-end financial report for June 29, it reported total debt of $47.2 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. QUOT’s revenue fell -6.65% to $59.27 million during the quarter, while net income inched up to $64.93 million. While analysts expected Quotient Technology Inc. to report -$0.08 quarterly earnings, the actual figure was -$0.16 per share. During the quarter, the company generated -$8.18 million in EBITDA. The liabilities of Quotient Technology Inc. were 170.6 million at the end of its most recent quarter ended June 29, and its total debt was $75.17 million. The value of shareholders’ equity is $99.73 million.
Technical Picture
This quick technical analysis looks at Quotient Technology Inc.’s (QUOT) price momentum. With a historical volatility rate of 3.19%, the RSI 9-day stood at 76.27% on 31 August.
With respect to its five-day moving average, the current Quotient Technology Inc. price is up by +0.50% percent or $0.02. At present, QUOT shares trade +1.01% above its 20-day simple moving average and +23.08% percent above its 100-day simple moving average. However, the stock is currently trading approximately +2.30% above its SMA50 and +22.32% above its SMA200.
Stochastic coefficient K was 68.33% and Stochastic coefficient D was 62.22%, while ATR was 0.02. Given the Stochastic reading of 80.00% for the 14-day period, the RSI (14) reading has been calculated as 72.34%. As of today, the MACD Oscillator reading stands at 0.01, while the 14-day reading stands at 0.01.
Analyst Ratings
Craig Hallum upgraded its rating on Quotient Technology Inc. (NYSE: QUOT) to a Buy in a note to investors on May 10, 2023. The analysts firm previously had a Hold rating on the stock.Quotient Technology Inc. (QUOT) has been rated Hold by analysts. According to 0 brokerage firms, QUOT is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Quotient Technology Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $4.00, the current consensus forecast for the stock is $4.00 – $4.00. Based on these forecasts, analysts predict Quotient Technology Inc. (QUOT) will achieve an average price target of $4.00.
