CDNA
Price
$10.18
Change
-$0.30 (-2.86%)
Updated
May 8, 6:59 PM EST
One day until earnings call
QTRX
Price
$16.51
Change
-$0.85 (-4.90%)
Updated
May 8, 6:59 PM EST
90 days until earnings call
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CDNA vs QTRX

Header iconCDNA vs QTRX Comparison
Open Charts CDNA vs QTRXBanner chart's image
CareDx
Price$10.18
Change-$0.30 (-2.86%)
Volume$334.85K
CapitalizationN/A
Quanterix
Price$16.51
Change-$0.85 (-4.90%)
Volume$531.63K
CapitalizationN/A
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CDNA vs QTRX Comparison Chart

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CDNADaily Signal changed days agoGain/Loss if shorted
 
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QTRXDaily Signal changed days agoGain/Loss if shorted
 
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VS
CDNA vs. QTRX commentary
May 09, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CDNA is a Hold and QTRX is a Hold.

COMPARISON
Comparison
May 09, 2024
Stock price -- (CDNA: $10.48 vs. QTRX: $17.36)
Brand notoriety: CDNA and QTRX are both not notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: CDNA: 101% vs. QTRX: 157%
Market capitalization -- CDNA: $548.33M vs. QTRX: $907.82M
CDNA [@Medical Specialties] is valued at $548.33M. QTRX’s [@Medical Specialties] market capitalization is $907.82M. The market cap for tickers in the [@Medical Specialties] industry ranges from $3.82T to $0. The average market capitalization across the [@Medical Specialties] industry is $7.44B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CDNA’s FA Score shows that 1 FA rating(s) are green whileQTRX’s FA Score has 0 green FA rating(s).

  • CDNA’s FA Score: 1 green, 4 red.
  • QTRX’s FA Score: 0 green, 5 red.
According to our system of comparison, CDNA is a better buy in the long-term than QTRX.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CDNA’s TA Score shows that 4 TA indicator(s) are bullish while QTRX’s TA Score has 4 bullish TA indicator(s).

  • CDNA’s TA Score: 4 bullish, 6 bearish.
  • QTRX’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, QTRX is a better buy in the short-term than CDNA.

Price Growth

CDNA (@Medical Specialties) experienced а +35.05% price change this week, while QTRX (@Medical Specialties) price change was +7.69% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was +1.11%. For the same industry, the average monthly price growth was -3.01%, and the average quarterly price growth was +15.89%.

Reported Earning Dates

CDNA is expected to report earnings on Aug 01, 2024.

QTRX is expected to report earnings on Aug 06, 2024.

Industries' Descriptions

@Medical Specialties (+1.11% weekly)

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

SUMMARIES
A.I.dvisor published
a Summary for CDNA with price predictions.
OPEN
A.I.dvisor published
a Summary for QTRX with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
QTRX($908M) has a higher market cap than CDNA($548M). CDNA YTD gains are higher at: -12.667 vs. QTRX (-36.503). QTRX has higher annual earnings (EBITDA): -39.79M vs. CDNA (-84.92M). QTRX has more cash in the bank: 321M vs. CDNA (235M). CDNA has less debt than QTRX: CDNA (34.2M) vs QTRX (41.5M). CDNA has higher revenues than QTRX: CDNA (280M) vs QTRX (121M).
CDNAQTRXCDNA / QTRX
Capitalization548M908M60%
EBITDA-84.92M-39.79M213%
Gain YTD-12.667-36.50335%
P/E RatioN/AN/A-
Revenue280M121M231%
Total Cash235M321M73%
Total Debt34.2M41.5M82%
FUNDAMENTALS RATINGS
CDNA vs QTRX: Fundamental Ratings
CDNA
QTRX
OUTLOOK RATING
1..100
238
VALUATION
overvalued / fair valued / undervalued
1..100
100
Overvalued
37
Fair valued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
9793
PRICE GROWTH RATING
1..100
4065
P/E GROWTH RATING
1..100
1100
SEASONALITY SCORE
1..100
5085

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

QTRX's Valuation (37) in the Pharmaceuticals Major industry is somewhat better than the same rating for CDNA (100) in the Medical Specialties industry. This means that QTRX’s stock grew somewhat faster than CDNA’s over the last 12 months.

QTRX's Profit vs Risk Rating (100) in the Pharmaceuticals Major industry is in the same range as CDNA (100) in the Medical Specialties industry. This means that QTRX’s stock grew similarly to CDNA’s over the last 12 months.

QTRX's SMR Rating (93) in the Pharmaceuticals Major industry is in the same range as CDNA (97) in the Medical Specialties industry. This means that QTRX’s stock grew similarly to CDNA’s over the last 12 months.

CDNA's Price Growth Rating (40) in the Medical Specialties industry is in the same range as QTRX (65) in the Pharmaceuticals Major industry. This means that CDNA’s stock grew similarly to QTRX’s over the last 12 months.

CDNA's P/E Growth Rating (1) in the Medical Specialties industry is significantly better than the same rating for QTRX (100) in the Pharmaceuticals Major industry. This means that CDNA’s stock grew significantly faster than QTRX’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CDNAQTRX
RSI
ODDS (%)
Bearish Trend 2 days ago
90%
Bullish Trend 2 days ago
81%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
85%
Bearish Trend 2 days ago
90%
Momentum
ODDS (%)
Bullish Trend 2 days ago
83%
Bullish Trend 2 days ago
82%
MACD
ODDS (%)
Bullish Trend 2 days ago
87%
Bullish Trend 2 days ago
82%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
84%
Bullish Trend 2 days ago
81%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
83%
Bearish Trend 2 days ago
85%
Advances
ODDS (%)
Bullish Trend 2 days ago
83%
Bullish Trend 6 days ago
81%
Declines
ODDS (%)
Bearish Trend 14 days ago
86%
Bearish Trend 13 days ago
82%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
90%
Bearish Trend 2 days ago
85%
Aroon
ODDS (%)
Bearish Trend 2 days ago
86%
Bearish Trend 2 days ago
87%
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CDNADaily Signal changed days agoGain/Loss if shorted
 
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QTRXDaily Signal changed days agoGain/Loss if shorted
 
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CDNA and

Correlation & Price change

A.I.dvisor indicates that over the last year, CDNA has been loosely correlated with VCYT. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if CDNA jumps, then VCYT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CDNA
1D Price
Change %
CDNA100%
+2.95%
VCYT - CDNA
51%
Loosely correlated
+0.53%
TWST - CDNA
48%
Loosely correlated
-3.45%
NTRA - CDNA
47%
Loosely correlated
-0.06%
QTRX - CDNA
44%
Loosely correlated
+3.33%
CERS - CDNA
43%
Loosely correlated
+3.35%
More

QTRX and

Correlation & Price change

A.I.dvisor indicates that over the last year, QTRX has been loosely correlated with VCYT. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if QTRX jumps, then VCYT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To QTRX
1D Price
Change %
QTRX100%
+3.33%
VCYT - QTRX
48%
Loosely correlated
+0.53%
MASS - QTRX
45%
Loosely correlated
+1.42%
CDNA - QTRX
45%
Loosely correlated
+2.95%
MYGN - QTRX
40%
Loosely correlated
-0.95%
CERS - QTRX
40%
Loosely correlated
+3.35%
More