D-Wave Quantum Inc (NYSE: QBTS) open the trading on Wednesday, with a bit cautious approach as it glided -2.67% to $1.82, before settling in for the price of $1.87 at the close. Taking a more long-term approach, QBTS posted a 52-week range of $0.40-$3.20.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 12.11%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 25.30%. This publicly-traded company’s shares outstanding now amounts to $161.11 million, simultaneously with a float of $100.70 million. The organization now has a market capitalization sitting at $212.56 million. At the time of writing, stock’s 50-day Moving Average stood at $1.7189, while the 200-day Moving Average is $1.3376.
D-Wave Quantum Inc (QBTS) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Computer Hardware industry. D-Wave Quantum Inc’s current insider ownership accounts for 13.78%, in contrast to 24.44% institutional ownership. According to the most recent insider trade that took place on Oct 16 ’23, this organization’s General Counsel sold 22,855 shares at the rate of 1.00, making the entire transaction reach 22,855 in total value, affecting insider ownership by 254,643. Preceding that transaction, on Jun 15 ’23, Company’s Director sold 29,021 for 1.86, making the whole transaction’s value amount to 53,892. This particular insider is now the holder of 36,353 in total.
D-Wave Quantum Inc (QBTS) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted -$0.1 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.1) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
D-Wave Quantum Inc’s EPS increase for this current 12-month fiscal period is 25.30% and is forecasted to reach -0.32 in the upcoming year.
D-Wave Quantum Inc (NYSE: QBTS) Trading Performance Indicators
Let’s observe the current performance indicators for D-Wave Quantum Inc (QBTS). It’s Quick Ratio in the last reported quarter now stands at 4.00. The Stock has managed to achieve an average true range (ATR) of 0.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 24.26.
In the same vein, QBTS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.62, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.32 at the market close of one year from today.
Technical Analysis of D-Wave Quantum Inc (QBTS)
[D-Wave Quantum Inc, QBTS] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 15.93% While, its Average True Range was 0.1993.
Raw Stochastic average of D-Wave Quantum Inc (QBTS) in the period of the previous 100 days is set at 64.75%, which indicates a major rise in contrast to 13.64% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 81.58% that was lower than 122.53% volatility it exhibited in the past 100-days period.
