Q2 Holdings Inc. (NYSE:QTWO) went up by 3.02% from its latest closing price compared to the recent 1-year high of $84.28. The company’s stock price has collected -5.13% of loss in the last five trading sessions. Barron’s reported on 06/04/22 that Q2 Holdings Puts Off Sale After Bids Come in Low
Is It Worth Investing in Q2 Holdings Inc. (NYSE :QTWO) Right Now?
Plus, the 36-month beta value for QTWO is at 1.50. Opinions of the stock are interesting as 7 analysts out of 15 who provided ratings for Q2 Holdings Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
QTWO currently public float of 55.31M and currently shorts hold a 5.20% ratio of that float. Today, the average trading volume of QTWO was 526.24K shares.
QTWO’s Market Performance
QTWO stocks went down by -5.13% for the week, with a monthly drop of -15.83% and a quarterly performance of -39.28%, while its annual performance rate touched -67.80%. The volatility ratio for the week stands at 4.51% while the volatility levels for the past 30 days are set at 5.56% for Q2 Holdings Inc. The simple moving average for the period of the last 20 days is -6.96% for QTWO stocks with a simple moving average of -42.42% for the last 200 days.
Analysts’ Opinion of QTWO
Many brokerage firms have already submitted their reports for QTWO stocks, with RBC Capital Mkts repeating the rating for QTWO by listing it as a “Sector Perform.” The predicted price for QTWO in the upcoming period, according to RBC Capital Mkts is $32 based on the research report published on November 08th of the current year 2022.
Piper Sandler, on the other hand, stated in their research note that they expect to see QTWO reach a price target of $22, previously predicting the price at $45. The rating they have provided for QTWO stocks is “Underweight” according to the report published on November 08th, 2022.
Stephens gave a rating of “Equal-Weight” to QTWO, setting the target price at $50 in the report published on May 17th of the current year.
QTWO Trading at -15.73% from the 50-Day Moving Average
After a stumble in the market that brought QTWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.28% of loss for the given period.
Volatility was left at 5.56%, however, over the last 30 days, the volatility rate increased by 4.51%, as shares sank -15.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.88% lower at present.
During the last 5 trading sessions, QTWO fell by -5.13%, which changed the moving average for the period of 200-days by -60.11% in comparison to the 20-day moving average, which settled at $27.58. In addition, Q2 Holdings Inc. saw -67.41% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at QTWO starting from Volanoski Michael A., who sale 2,593 shares at the price of $40.25 back on Jun 10. After this action, Volanoski Michael A. now owns 69,136 shares of Q2 Holdings Inc., valued at $104,368 using the latest closing price.
Benton Barry G, the SVP, General Counsel of Q2 Holdings Inc., sale 5,835 shares at $58.76 during a trade that took place back on Mar 04, which means that Benton Barry G is holding 15,136 shares at $342,865 based on the most recent closing price.
Stock Fundamentals for QTWO
Equity return is now at value -21.60, with -7.50 for asset returns.