QT Imaging (NASDAQ:QTI) Trading Down 1% - Here's Why

Key Points

• Intraday move: Shares fell about 1% to $6.15 (session low $6.12) on light trading of 18,882 shares, roughly 71% below average volume.
• Mixed analyst views: One analyst rates QTI a Buy while two rate it Sell (including Weiss and Zacks), leaving a MarketBeat average rating of "Reduce."
• Financials and valuation: Last quarter EPS was ($0.10) on $8.27M revenue, market cap is ≈$74M with a negative PE (~-2.8), and liquidity ratios are healthy (current 2.81, quick 2.17).

Shares of QT Imaging Holdings, Inc. (NASDAQ:QTI - Get Free Report) traded down 1% during mid-day trading on Monday . The stock traded as low as $6.12 and last traded at $6.15. 18,882 shares were traded during mid-day trading, a decline of 71% from the average session volume of 64,916 shares. The stock had previously closed at $6.21.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on QTI shares. Lake Street Capital assumed coverage on QT Imaging in a report on Friday, January 30th. They set a "buy" rating for the company. Zacks Research lowered shares of QT Imaging from a "hold" rating to a "strong sell" rating in a research note on Friday, February 27th. Finally, Weiss Ratings started coverage on shares of QT Imaging in a research report on Thursday, January 29th. They set a "sell (e+)" rating on the stock. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce".

QT Imaging Trading Down 1.0%

The company has a current ratio of 2.81, a quick ratio of 2.17 and a debt-to-equity ratio of 0.71. The company has a market cap of $74.05 million, a PE ratio of -2.81 and a beta of -0.11. The company has a fifty day simple moving average of $5.93 and a two-hundred day simple moving average of $5.24.

QT Imaging (NASDAQ:QTI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $8.27 million during the quarter.

QT Imaging Company Profile

QT Imaging Ltd. NASDAQ: QTI is a medical technology company specializing in the development and commercialization of advanced ultrasound imaging solutions. The company focuses on real-time volumetric imaging systems designed to enhance diagnostic capabilities in obstetrics, gynecology and other clinical applications. QT Imaging's flagship Q.VIEW® system and associated software suite enable practitioners to capture, analyze and visualize high-resolution 3D/4D ultrasound images, offering improved workflow efficiency and enhanced patient care.

QT Imaging's product portfolio includes proprietary transducers, imaging consoles and software platforms that can be integrated with existing ultrasound scanners from leading original equipment manufacturers.

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