Published on 1 Apr 2024 on Simply Wall St. via Yahoo Finance
Investing in Quanterix (NASDAQ:QTRX) a year ago would have delivered you a 111% gain
Quanterix Corporation (NASDAQ:QTRX) shareholders might be concerned after seeing the share price drop 13% in the last quarter. Despite this, the stock is a strong performer over the last year, no doubt about that. During that period, the share price soared a full 111%. So some might not be surprised to see the price retrace some. More important, going forward, is how the business itself is going.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
Check out our latest analysis for Quanterix