IonQ Inc (IONQ) is -24.86% away from 50-day simple Moving Average despite all headwinds

Witnessing the stock’s movement on the chart, on Thursday, IonQ Inc (NYSE: IONQ) set off with pace as it heaved 1.24% to $7.37, before settling in for the price of $7.28 at the close. Taking a more long-term approach, IONQ posted a 52-week range of $5.29-$21.60.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 176.11%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -35.58%. This publicly-traded company’s shares outstanding now amounts to $206.61 million, simultaneously with a float of $176.62 million. The organization now has a market capitalization sitting at $1.53 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.75, while the 200-day Moving Average is $12.79.

IonQ Inc (IONQ) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. IonQ Inc’s current insider ownership accounts for 15.18%, in contrast to 37.52% institutional ownership. According to the most recent insider trade that took place on Mar 11 ’24, this organization’s PRESIDENT AND CEO sold 29,452 shares at the rate of 10.20, making the entire transaction reach 300,281 in total value, affecting insider ownership by 451,233. Preceding that transaction, on Mar 11 ’24, Company’s CHIEF REVENUE OFFICER sold 27,212 for 10.20, making the whole transaction’s value amount to 277,443. This particular insider is now the holder of 697,647 in total.

IonQ Inc (IONQ) Earnings and Revenue Records

IonQ Inc’s EPS decrease for this current 12-month fiscal period is -35.58% and is forecasted to reach -1.09 in the upcoming year.

IonQ Inc (NYSE: IONQ) Trading Performance Indicators

Let’s observe the current performance indicators for IonQ Inc (IONQ). It’s Quick Ratio in the last reported quarter now stands at 10.49. The Stock has managed to achieve an average true range (ATR) of 0.54. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 69.63.

In the same vein, IONQ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.78, a figure that is expected to reach -0.25 in the next quarter, and analysts are predicting that it will be -1.09 at the market close of one year from today.

Technical Analysis of IonQ Inc (IONQ)

Going through the that latest performance of [IonQ Inc, IONQ]. Its last 5-days volume of 4.76 million was inferior to the volume of 6.76 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 7.29% While, its Average True Range was 0.51.

Raw Stochastic average of IonQ Inc (IONQ) in the period of the previous 100 days is set at 2.75%, which indicates a major fall in contrast to 7.80% 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 52.96% that was lower than 64.87% volatility it exhibited in the past 100-days period.