Quotient Technology Inc (NYSE:QUOT) hit a new 52-week low on Monday . The stock traded as low as $8.99 and last traded at $9.00, with a volume of 8121 shares traded. The stock had previously closed at $9.25.

Several research analysts have recently issued reports on the company. Zacks Investment Research cut Quotient Technology from a “hold” rating to a “strong sell” rating in a research note on Friday, January 25th. Royal Bank of Canada cut their price target on Quotient Technology to $12.00 and set a “market perform” rating for the company in a research note on Wednesday, February 13th. reaffirmed a “buy” rating and set a $12.00 price target on shares of Quotient Technology in a research note on Wednesday, February 13th. reaffirmed a “buy” rating and set a $12.00 price target on shares of Quotient Technology in a research note on Wednesday, February 13th. Finally, ValuEngine downgraded Quotient Technology from a “buy” rating to a “hold” rating in a research note on Thursday, January 24th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $14.00.

The company has a quick ratio of 4.83, a current ratio of 4.83 and a debt-to-equity ratio of 0.41. The company has a market cap of $870.06 million, a price-to-earnings ratio of -37.58 and a beta of 0.25.

Quotient Technology (NYSE:QUOT) last issued its quarterly earnings data on Tuesday, February 12th. The technology company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.02). Quotient Technology had a negative net margin of 7.32% and a negative return on equity of 5.17%. The company had revenue of $107.06 million during the quarter, compared to the consensus estimate of $110.13 million. Equities analysts anticipate that Quotient Technology Inc will post -0.2 EPS for the current year.

In related news, COO Chad Summe sold 9,966 shares of the firm’s stock in a transaction that occurred on Friday, February 22nd. The stock was sold at an average price of $10.21, for a total value of $101,752.86. Following the transaction, the chief operating officer now directly owns 121,512 shares of the company’s stock, valued at approximately $1,240,637.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven R. Boal sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 16th. The shares were sold at an average price of $11.25, for a total value of $562,500.00. Following the completion of the transaction, the insider now directly owns 3,373,628 shares in the company, valued at $37,953,315. The disclosure for this sale can be found here. Insiders sold a total of 73,719 shares of company stock worth $804,083 over the last three months. 9.50% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. We Are One Seven LLC grew its stake in Quotient Technology by 102.9% in the first quarter. We Are One Seven LLC now owns 37,743 shares of the technology company’s stock valued at $372,000 after acquiring an additional 19,141 shares during the period. Geode Capital Management LLC raised its position in shares of Quotient Technology by 13.2% during the 4th quarter. Geode Capital Management LLC now owns 846,375 shares of the technology company’s stock valued at $9,039,000 after purchasing an additional 98,945 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Quotient Technology by 247.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 771,582 shares of the technology company’s stock valued at $8,241,000 after purchasing an additional 549,206 shares during the period. Amalgamated Bank bought a new stake in shares of Quotient Technology during the 4th quarter valued at $129,000. Finally, Millennium Management LLC raised its position in shares of Quotient Technology by 51.4% during the 4th quarter. Millennium Management LLC now owns 296,105 shares of the technology company’s stock valued at $3,162,000 after purchasing an additional 100,556 shares during the period. 76.46% of the stock is currently owned by hedge funds and other institutional investors.

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Quotient Technology Company Profile (NYSE:QUOT)

Quotient Technology Inc, a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners' properties.

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