Stock in the News: Quotient Technology Inc. (NYSE: QUOT)

Carlos Williams

I am Carlos Williams and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions.

I am the driving force behind News Perception with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Services” category.

Address: 1411 Tully Street Detroit, MI 48219, USA
Phone: (+1) 313-676-2812
Email: Carloswilliams@newsperception.com
Carlos Williams

MOUNTAIN VIEW, Calif., October 17, 2019 – Shares of Quotient Technology Inc. (NYSE: QUOT) gained 0.37% to $8.20. The stock grabbed the investor’s attention and traded 351.387K shares as compared to its average daily volume of 649.90K shares. The stock’s institutional ownership stands at 74.10%.

Quotient Technology Inc. (QUOT) reported a loss of $13.20M in its first quarter. On a per-share basis, the Mountain View, California-based company said it had a loss of 14 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 4 cents per share. The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 4 cents per share.

The digital coupons company posted revenue of $98.10M in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $96.30M. For the current quarter ending in July, Quotient Tech said it expects revenue in the range of $102.0M to $106.0M. The company expects full-year revenue in the range of $460.0M to $470.0M.

QUOT has a market value of $728.24M while its EPS was booked as $-0.31 in the last 12 months. The stock has 88.81M shares outstanding. In the profitability analysis, the company has gross profit margin of 42.20% while net profit margin was -7.10%. Beta value of the company was -0.04; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.10.

Carlos Williams

Carlos Williams

I am Carlos Williams and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind News Perception with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Services” category. Address: 1411 Tully Street Detroit, MI 48219, USA Phone: (+1) 313-676-2812 Email: Carloswilliams@newsperception.com

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