Quotient Technology Inc. (QUOT) move up 0.18% this morning: QUOT Price Rally Looks Real

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Quotient Technology Inc. (NYSE:QUOT) Relative Strength Index (RSI) is 39.72, with weekly volatility at 2.49% and ATR at 0.39. The QUOT stock’s 52-week price range has touched low of $6.91 and a $17.93 high. Intraday shares traded counted 0.42 million, which was 48.09% higher than its 30-day average trading volume of 802.05K. Its shares traded higher over the last trading session, gaining 0.18% on 06/17/21. The shares fell to a low of $11.03 before closing at $11.14. QUOT’s previous close was $11.12 while the outstanding shares total 92.41M. The firm has a beta of 0.95.

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Investors have identified the Advertising Agencies company Quotient Technology Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.03 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Quotient Technology Inc. (QUOT) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 374.43 million total, with 125.91 million as their total liabilities.

QUOT were able to record 7.71 million as free cash flow during the 08/03/2021 quarter of the year, this saw their quarterly net cash flow reduce by 18.33 million. In cash movements, the company had a total of 10.51 million as operating cash flow.

Potential earnings growth for Quotient Technology Inc. (QUOT)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/03/2021 quarter of the year, Quotient Technology Inc. recorded a total of 115.32 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 14.33% coming in sequential stages and their sales for the 08/03/2021 quarter reducing by -23.6%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 71.98 million trying to sell their products during the last quarter, with the result yielding a gross income of 43.33 million. This allows shareholders to hold on to 92.41M with the recently reported earning now reading -0.15 cents per share. This is a figure that compared to analyst’s prediction for their 08/03/2021 (-0.15 cents a share).

Having a look at the company’s valuation, the company is expected to record -0.01 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on QUOT sounds very interesting.

Is the stock of QUOT attractive?

In related news, President, Raskin Scott David sold 5,000 shares of the company’s stock in a transaction that recorded on Jun 07. The sale was performed at an average price of 11.15, for a total value of 55,770. As the sale deal closes, the CEO and Chairman, Boal Steven R. now sold 5,000 shares of the company’s stock, valued at 55,706. Also, Director, Wyatt Christy sold 11,364 shares of the company’s stock in a deal that was recorded on Jun 04. The shares were price at an average price of 11.34 per share, with a total market value of 128,868. Following this completion of acquisition, the Director, GESSOW ANDREW J now holds 5,000 shares of the company’s stock, valued at 55,300. In the last 6 months, insiders have changed their ownership in shares of company stock by 5.70%.

3 out of 4 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Quotient Technology Inc.. 1 analysts has assigned a Sell rating on the QUOT stock. The 12-month mean consensus price target for the company’s shares has been set at $17.70.