D-Wave Quantum Inc (NYSE: QBTS) flaunted slowness of -3.47% at $1.67, before settling in for the price of $1.73 at the close. Taking a more long-term approach, QBTS posted a 52-week range of $0.40-$3.20.
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It was noted that the giant of the Technology sector posted annual sales growth of 12.11% over the last 5 years. 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 $195.04 million. At the time of writing, stock’s 50-day Moving Average stood at $1.7953, while the 200-day Moving Average is $1.3281.
D-Wave Quantum Inc (QBTS) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the D-Wave Quantum Inc industry. D-Wave Quantum Inc’s current insider ownership accounts for 13.78%, in contrast to 24.38% 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
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 0.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 22.26.
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)
Now, what If we examine the latest scores posted by [D-Wave Quantum Inc, QBTS]. During the last 5-days, its volume was lower the volume of 4.11 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 24.67% While, its Average True Range was 0.1871.
Raw Stochastic average of D-Wave Quantum Inc (QBTS) in the period of the previous 100 days is set at 56.22%, which indicates a major rise in contrast to 22.06% 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 73.12% that was lower than 122.93% volatility it exhibited in the past 100-days period.
