Looking Sound Financially: Quantenna Communications, Inc. (QTNA)

Price Performance of Quantenna Communications, Inc. (QTNA)

When it comes to price performance, Quantenna Communications, Inc. (NASDAQ:QTNA) has had quite a year. This company’s shares managed to reach their 1-Year High point, which was $20.25 on 03/13/19, compared to when it go to its cheapest point in the past 12 months, which was $12.48 on 04/30/18.

At the end of the most recent trading day, Quantenna Communications, Inc. closed at $20.81. The stock began the trading session at $20.45 and hit a high of $21.05. The lowest price during the trading day was $20.4.

The shares of this company, which operates in the technology sector, reached a trading volume of about 1,158,871 throughout the day, which was clearly lower than the average daily volume for these shares.

At the time of writing, this publicly-traded organization holds a total market value of 790.16M, with 415 employees on its payroll.

Moving ahead, if we take a look at what all stock market pros are currently saying about Quantenna Communications, Inc. (NASDAQ:QTNA), the mean rating for this stock is 1.60. How is that calculated? Well, 6 analysts have given this company a BUY rating, 3 are rated it as OUTPERFORM, 0 have recommended that investors HOLD, 1 are considering it an UNDERPERFORM and 0 have recommended that owners of these shares SELL.

A month ago, 6 analysts thought this stock was a BUY, 3 of them posted an OUTPERFORM rating, 0 analysts recommended to HOLD this stock, 1 of them provided an underperform rating and 0 rated it as a Sell.

For QTNA stock, the reported Earnings Per Share trailing twelve months is sitting at -94.10%. Meanwhile, operating margin is currently observed to be 1.20% and its Gross Margin trailing twelve months is 49.60%.

Technical analysis

This company’s 100-day moving average was 16.01, while its price change was posted at +3.28. Similarly, Quantenna Communications, Inc. (NASDAQ:QTNA) experienced a 100-day Percent movement of +18.71% with a trading volume reaching 453,603.

Continuing to look at similarly important data, this stock’s distance from its 200-day Simple Moving Average, or SMA 200, is 27.03% at the time of writing. This organization’s revenue over the trailing twelve months (TTM) of active operations is 220.50M, considering the fact that it was able to rack up the income of $3.10M through that period of time.

By dividing a company’s current total liabilities by its stockholders’ equity, we find the company’s Total Debt to Equity Ratio (also known as D/E ratio), a solid method of understanding a company’s financial power. This metric just illustrates how much debt an organization is using to support its assets in relation to how much its shareholder’s equity is worth. QTNA’s Total Dept/Eq ratio is sitting at 0.00 at the time of writing, while its long-term Dept/Eq ratio is 0.00

While maintaining our attention on the Technical analysis of Quantenna Communications, Inc. (NASDAQ:QTNA), during the last 50 days, its Raw Stochastic average was observed 97.01%, representing an improvement from this organization’s 20-day Raw Stochastic average – which was posted 93.28%. During the last 20-days time span, this firm’s Stochastic %K was 88.26% and its Stochastic %D was noted 78.63%.

When glancing in-depth into the past price journey that Quantenna Communications, Inc. (NASDAQ:QTNA) stock has taken, we can observe multiple moving trends. This particular stock’s current year-to-date (YTD) price performance is standing at 45.02%. Meanwhile, during the past six months of trading, this stock has improved to 12.49%, along with a full-year performance of 33.23%. This company’s shares increased nearly 2.46% during the last 7-day stretch and fell 12.79% over the last 30 days.