QT Imaging Holdings Inc. (QTI) Stock: Evaluating the Market Performance

Moreover, the 36-month beta value for QTI is -0.26.

The public float for QTI is 8.66M and currently, short sellers hold a 0.52% of that float. On April 03, 2024, QTI’s average trading volume was 425.70K shares.

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QTI) stock’s latest price update

QT Imaging Holdings Inc. (NASDAQ: QTI)’s stock price has dropped by -14.60 in relation to previous closing price of 1.13. Nevertheless, the company has seen a gain of 1.58% in its stock price over the last five trading days.

QTI’s Market Performance

QT Imaging Holdings Inc. (QTI) has seen a 1.58% rise in stock performance for the week, with a -75.88% decline in the past month and a -91.11% plunge in the past quarter. The volatility ratio for the week is 12.39%, and the volatility levels for the past 30 days are at 17.53% for QTI. The simple moving average for the past 20 days is -25.14% for QTI’s stock, with a -89.94% simple moving average for the past 200 days.

QTI Trading at -86.22% from the 50-Day Moving Average

After a stumble in the market that brought QTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.30% of loss for the given period.

Volatility was left at 17.53%, however, over the last 30 days, the volatility rate increased by 12.39%, as shares sank -72.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -91.12% lower at present.

During the last 5 trading sessions, QTI rose by +1.58%, in comparison to the 20-day moving average, which settled at $1.1609. In addition, QT Imaging Holdings Inc. saw -91.22% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for QTI

Equity return is now at value -28.91, with -18.40 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.

Conclusion

To wrap up, the performance of QT Imaging Holdings Inc. (QTI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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