Q32 Bio Inc (NASDAQ: QTTB) is -87.02% lower on its value in year-to-date trading and has touched a low of $1.35 and a high of $53.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QTTB stock was last observed hovering at around $3.32 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $2.66, the stock is 58.59% and 56.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.01 million and changing -19.88% at the moment leaves the stock -79.31% off its SMA200. QTTB registered -22.67% loss for a year compared to 6-month loss of -24.65%. The firm has a 50-day simple moving average (SMA 50) of $1.6971 and a 200-day simple moving average (SMA200) of $12.8556.
The stock witnessed a 58.33% gain in the last 1 month and extending the period to 3 months gives it a 57.40%, and is 84.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 37.30% over the week and 14.14% over the month.
Q32 Bio Inc (QTTB) has around 42 employees, a market worth around $32.45M and $0.00M in sales. Distance from 52-week low is 97.77% and -95.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-629.93%).
The EPS is expected to grow by 47.27% this year.
Q32 Bio Inc (QTTB) Top Institutional Holders
100.0 institutions hold shares in Q32 Bio Inc (QTTB), with institutional investors hold 78.42% of the company’s shares. The shares outstanding are 12.20M, and float is at 4.44M with Short Float at 5.99%. Institutions hold 73.27% of the Float.
The top institutional shareholder in the company is ORBIMED ADVISORS LLC with over 2.25 million shares valued at $40.44 million. The investor’s holdings represent 18.831% of the QTTB Shares outstanding. As of 2024-06-30, the second largest holder is ATLAS VENTURE LIFE SCIENCE ADVISORS, LLC with 2.09 million shares valued at $37.55 million to account for 17.4863 of the shares outstanding. The other top investors are CARLYLE GROUP INC. which holds 1.1 million shares representing 9.217% and valued at over $19.2 million, while BLACKROCK INC. holds 2.8608 of the shares totaling 0.34 million with a market value of $6.14 million.
