Shares of QT Imaging Holdings, Inc. (NASDAQ:QTI – Get Free Report) fell 0.5% on Thursday . The stock traded as low as $3.69 and last traded at $3.71. Approximately 12,731 shares were traded during mid-day trading, a decline of 59% from the average session volume of 31,016 shares. The stock had previously closed at $3.73.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Wall Street Zen raised QT Imaging to a “hold” rating in a research note on Saturday, May 16th. Zacks Research raised shares of QT Imaging from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Get Our Latest Research Report on QTI
QT Imaging Price Performance
QT Imaging (NASDAQ:QTI – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.11). The business had revenue of $6.53 million for the quarter, compared to the consensus estimate of $6.45 million. QT Imaging had a negative net margin of 58.93% and a negative return on equity of 4,220.38%. Research analysts predict that QT Imaging Holdings, Inc. will post -0.59 EPS for the current fiscal year.
About QT Imaging
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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