IonQ Inc (IONQ) Moves -0.24% Lower: These Numbers are Too Good to be True

IonQ Inc (NYSE: IONQ) flaunted slowness of -0.24% at $8.18, before settling in for the price of $8.20 at the close. Taking a more long-term approach, IONQ posted a 52-week range of $5.29-$21.60.

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It was noted that the giant of the Technology sector posted annual sales growth of 176.11% over the last 5 years. 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 $176.51 million. The organization now has a market capitalization sitting at $1.70 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.43, while the 200-day Moving Average is $12.64.

IonQ Inc (IONQ) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the IonQ Inc industry. IonQ Inc’s current insider ownership accounts for 15.23%, in contrast to 37.48% 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

Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted -0.14 earnings per share (EPS) during the time that was less the consensus figure (set at -0.11) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.

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 0.52. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 77.28.

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)

Now, what If we examine the latest scores posted by [IonQ Inc, IONQ]. During the last 5-days, its volume was lower the volume of 6.68 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 81.61% While, its Average True Range was 0.50.

Raw Stochastic average of IonQ Inc (IONQ) in the period of the previous 100 days is set at 14.09%, which indicates a major fall in contrast to 50.42% 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 68.99% that was higher than 66.57% volatility it exhibited in the past 100-days period.