In the past week, QTI stock has gone up by 3.11%, with a monthly decline of -19.02% and a quarterly plunge of -92.58%. The volatility ratio for the week is 6.20%, and the volatility levels for the last 30 days are 13.48% for QT Imaging Holdings Inc. The simple moving average for the past 20 days is -4.73% for QTI’s stock, with a -90.11% simple moving average for the past 200 days.
Is It Worth Investing in QT Imaging Holdings Inc. (NASDAQ: QTI) Right Now?
The 36-month beta value for QTI is at -0.10.
The public float for QTI is 4.77M, and currently, shorts hold a 3.24% of that float. The average trading volume for QTI on May 08, 2024 was 377.28K shares.
QTI) stock’s latest price update
The stock price of QT Imaging Holdings Inc. (NASDAQ: QTI) has surged by 5.06 when compared to previous closing price of 0.79, but the company has seen a 3.11% gain in its stock price over the last five trading sessions.
QTI Trading at -52.44% 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 -94.24% of loss for the given period.
Volatility was left at 13.48%, however, over the last 30 days, the volatility rate increased by 6.20%, as shares sank -22.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -93.39% lower at present.
During the last 5 trading sessions, QTI rose by +0.62%, in comparison to the 20-day moving average, which settled at $0.8592. In addition, QT Imaging Holdings Inc. saw -92.45% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for QTI
The total capital return value is set at -0.46. Equity return is now at value -26.16, with -15.71 for asset returns.
Based on QT Imaging Holdings Inc. (QTI), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -0.63. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is -22.43.
Currently, EBITDA for the company is -4.93 million with net debt to EBITDA at -0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In conclusion, QT Imaging Holdings Inc. (QTI) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
