Quantum Computing Inc (NASDAQ: QUBT) kicked off on Monday, down -2.16% from the previous trading day, before settling in for the closing price of $0.72. Over the past 52 weeks, QUBT has traded in a range of $0.63-$1.81.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 32.79%. While this was happening, its average annual earnings per share was recorded 18.42%. With a float of $59.58 million, this company’s outstanding shares have now reached $77.45 million.
Let’s determine the extent of company efficiency that accounts for 39 employees.
Quantum Computing Inc (QUBT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Quantum Computing Inc is 34.79%, while institutional ownership is 3.52%. The most recent insider transaction that took place on Sep 27 ’23, was worth 16,500. In this transaction President, CEO of this company sold 15,000 shares at a rate of $1.10, taking the stock ownership to the 896,055 shares. Before that another transaction happened on Aug 25 ’23, when Company’s President, CEO sold 15,000 for $1.22, making the entire transaction worth $18,300. This insider now owns 911,055 shares in total.
Quantum Computing Inc (QUBT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 18.42% per share during the next fiscal year.
Quantum Computing Inc (NASDAQ: QUBT) Trading Performance Indicators
Take a look at Quantum Computing Inc’s (QUBT) current performance indicators. Last quarter, stock had a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 178.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of Quantum Computing Inc (QUBT)
Looking closely at Quantum Computing Inc (NASDAQ: QUBT), its last 5-days average volume was 1.06 million, which is a drop from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 10.62%. Additionally, its Average True Range was 0.08.
During the past 100 days, Quantum Computing Inc’s (QUBT) raw stochastic average was set at 3.48%, which indicates a significant decrease from 6.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.83% in the past 14 days, which was lower than the 84.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9240, while its 200-day Moving Average is $0.9814. However, in the short run, Quantum Computing Inc’s stock first resistance to watch stands at $0.7381. Second resistance stands at $0.7738. The third major resistance level sits at $0.8029. If the price goes on to break the first support level at $0.6733, it is likely to go to the next support level at $0.6442. Now, if the price goes above the second support level, the third support stands at $0.6085.
Quantum Computing Inc (NASDAQ: QUBT) Key Stats
The company with the Market Capitalisation of 64.16 million has total of 91,358K Shares Outstanding. Its annual sales at the moment are 358 K in contrast with the sum of -29,731 K annual income. Company’s last quarter sales were recorded 75 K and last quarter income was -8,306 K.
