Quotient Limited Looks to Continue to Trade Below its Annual-Low Share Price Today

July 15, 2021 12:50:47

Shares of Quotient Limited (NASDAQ:QTNT) traded today at $3.08, breaking its 52-week low. This new low was reached on below average trading volume as 173,000 shares traded hands, while the average 30-day volume is approximately 460,000 shares.

Quotient Ltd is a commercial-stage diagnostics company. It is involved in the business of provision of tests with an initial focus on blood grouping and serological disease screening. The company develops and commercializes Mosaiq automation platform. Its product portfolio includes Reagent Red Blood Cells, Antisera, Whole Blood Controls, and Ancillary Products. The firm operates in Edinburgh, Scotland, Eysins, Switzerland and Newton, Pennsylvania. It derives the majority of its revenue from the United States.

Potential upside of 22.1% exists for Quotient Limited, based on a current level of $3.19 and analysts’ average consensus price target of $3.89.

Over the past year, Quotient Limited has traded in a range of $3.08 to $8.77 and is now at $3.19.

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