With 1.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.68 million shares. The 52-week range on QURE shows that it touched its highest point at $19.18 and its lowest point at $3.73 during that stretch. It currently has a 1-year price target of $35.50. Beta for the stock currently stands at 0.08.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of QURE was down-trending over the past week, with a drop of -17.24%, but this was up by 53.44% over a month. Three-month performance dropped to -3.59% while six-month performance rose 83.66%. The stock gained 168.92% in the past year, while it has lost -25.54% so far this year. A look at the trailing 12-month EPS for QURE yields -4.39 with Next year EPS estimates of -3.01. For the next quarter, that number is -0.90. This implies an EPS growth rate of 28.39% for this year and 14.55% for next year. EPS is expected to grow by 36.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.66%.
Float and Shares Shorts:
At present, 54.70 million QURE shares are outstanding with a float of 50.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for QURE since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.60167 being high and -$4.81146 being low. For QURE, this leads to a yearly average estimate of -$4.08212. Based on analyst estimates, the high estimate for the next quarter is -$0.63 and the low estimate is -$1.42. The average estimate for the next quarter is thus -$0.95.
