QTNT - Watch for Continued Losses in Shares of Quotient Limited (QTNT)

Quotient Limited (NASDAQ:QTNT) traded at a new 52-week low today of $3.22. So far today approximately 173,000 shares have been exchanged, as compared to an average 30-day volume of 460,000 shares.

Quotient Limited share prices have moved between a 52-week high of $8.77 and the current low of $3.22 and are currently at $3.29 per share.

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 18.5% exists for Quotient Limited, based on a current level of $3.29 and analysts' average consensus price target of $3.89.

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