November 20, 2023, IonQ Inc (NYSE: IONQ) trading session started at the price of $12.86, that was 1.18% jump from the session before. During the day, the shares moved up to $13.29 and dropped to $12.75 before settling in for the closing price of $12.70. A 52-week range for IONQ has been $3.04 – $21.60.
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 215.15%. When this article was written, the company’s average yearly earnings per share was at -209.00%. With a float of $167.67 million, this company’s outstanding shares have now reached $199.86 million.
The extent of productivity of a business whose workforce counts for 202 workers is very important to gauge.
IonQ Inc (IONQ) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward IonQ Inc stocks. The insider ownership of IonQ Inc is 18.09%, while institutional ownership is 31.78%. The most recent insider transaction that took place on Jun 01, was worth 2,150,000. In this transaction Chief Scientist of this company sold 200,000 shares at a rate of $10.75, taking the stock ownership to the 2,056,254 shares. Before that another transaction happened on May 25, when Company’s President and CEO sold 11,726 for $10.52, making the entire transaction worth $123,358. This insider now owns 495,900 shares in total.
IonQ Inc (IONQ) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.22 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.18) by -$0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -209.00% per share during the next fiscal year.
IonQ Inc (NYSE: IONQ) Trading Performance Indicators
You can see what IonQ Inc (IONQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 14.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 133.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.88 in one year’s time.
Technical Analysis of IonQ Inc (IONQ)
The latest stats from [IonQ Inc, IONQ] show that its last 5-days average volume of 8.56 million was inferior to 8.8 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.94%. Additionally, its Average True Range was 0.98.
During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 29.26%, which indicates a significant decrease from 81.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.42% in the past 14 days, which was lower than the 90.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.45, while its 200-day Moving Average is $10.76. Now, the first resistance to watch is $13.18. This is followed by the second major resistance level at $13.50. The third major resistance level sits at $13.72. If the price goes on to break the first support level at $12.64, it is likely to go to the next support level at $12.42. The third support level lies at $12.10 if the price breaches the second support level.
IonQ Inc (NYSE: IONQ) Key Stats
There are 204,705K outstanding shares of the company, which has a market capitalization of 2.63 billion. As of now, sales total 11,130 K while income totals -48,510 K. Its latest quarter income was 6,140 K while its last quarter net income were -44,810 K.