Witnessing the stock’s movement on the chart, on Wednesday, D-Wave Quantum Inc (NYSE: QBTS) set off with pace as it heaved 2.92% to $1.41, before settling in for the price of $1.37 at the close. Taking a more long-term approach, QBTS posted a 52-week range of $0.40-$3.20.
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
The Technology sector firm’s twelve-monthly sales growth has been 12.11% for the last half of the decade. 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 $164.67 million. At the time of writing, stock’s 50-day Moving Average stood at $1.8080, while the 200-day Moving Average is $1.2958.
D-Wave Quantum Inc (QBTS) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. D-Wave Quantum Inc’s current insider ownership accounts for 13.78%, in contrast to 24.40% 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 0.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 18.80.
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)
Going through the that latest performance of [D-Wave Quantum Inc, QBTS]. Its last 5-days volume of 3.11 million was inferior to the volume of 4.01 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 20.98% While, its Average True Range was 0.1574.
Raw Stochastic average of D-Wave Quantum Inc (QBTS) in the period of the previous 100 days is set at 41.43%, which indicates a major rise in contrast to 24.56% 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 60.85% that was lower than 119.99% volatility it exhibited in the past 100-days period.
