Does Quanterix Corporation (QTRX) Have Any Gas After Today’s Significant Increase?

February 17, 2018 - By Louis Casey

The stock of Quanterix Corporation (NASDAQ:QTRX) is a huge mover today! The stock increased 9.20% or $1.97 during the last trading session, reaching $23.39. About 142,445 shares traded. Quanterix Corporation (NASDAQ:QTRX) has 0.00% since February 17, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 5 months positive chart setup for the $510.39 million company. It was reported on Feb, 17 by Barchart.com. We have $24.79 PT which if reached, will make NASDAQ:QTRX worth $30.62M more.

More notable recent Quanterix Corporation (NASDAQ:QTRX) news were published by: Seekingalpha.com which released: “Quanterix Files Proposed Terms For $50 Million IPO” on December 05, 2017, also Businesswire.com with their article: “Quanterix Corporation Announces Launch of Initial Public Offering” published on November 27, 2017, Seekingalpha.com published: “Quanterix: Very Risky But Potentially Lucrative Life Science IPO” on December 08, 2017. More interesting news about Quanterix Corporation (NASDAQ:QTRX) were released by: Seekingalpha.com and their article: “Quanterix on deck for $50M IPO” published on November 27, 2017 as well as Businesswire.com‘s news article titled: “Quanterix Corporation Announces Pricing of Initial Public Offering” with publication date: December 07, 2017.

Quanterix Corporation, a life sciences company, develops and markets ultra-sensitive digital immunoassay platform that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and Asia Pacific. The company has market cap of $510.39 million. It develops Simoa HD-1 Analyzer, a sensitive protein detection platform, which analyzes approximately six biomarkers per test; and SR-X system that supports the detection capability of approximately six biomarkers per test. It currently has negative earnings. The company's products also comprise kits, such as beads, capture and detector reagents, enzyme reagents, and enzyme substrates to run tests; and consumables, such as proprietary Simoa disks, cuvettes, and disposable tips.

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