As on Wednesday, D-Wave Quantum Inc (NYSE: QBTS) got off with the flyer as it spiked 6.47% to $1.00, before settling in for the price of $0.94 at the close. Taking a more long-term approach, QBTS posted a 52-week range of $0.57-$2.44.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 12.11%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 22.55%. This publicly-traded company’s shares outstanding now amounts to $170.14 million, simultaneously with a float of $119.78 million. The organization now has a market capitalization sitting at $169.56 million. At the time of writing, stock’s 50-day Moving Average stood at $1.0065, while the 200-day Moving Average is $1.2477.
D-Wave Quantum Inc (QBTS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Computer Hardware industry. D-Wave Quantum Inc’s current insider ownership accounts for 29.60%, in contrast to 24.58% institutional ownership. According to the most recent insider trade that took place on Jun 04 ’24, this organization’s Director sold 49,910 shares at the rate of 1.26, making the entire transaction reach 62,887 in total value, affecting insider ownership by 887,138. Preceding that transaction, on May 31 ’24, Company’s Director sold 36,353 for 1.30, making the whole transaction’s value amount to 47,379. This particular insider is now the holder of 962,723 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 22.55% and is forecasted to reach -0.29 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 1.04. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 16.76.
In the same vein, QBTS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.43, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.29 at the market close of one year from today.
Technical Analysis of D-Wave Quantum Inc (QBTS)
Through scrutinizing the latest numbers posted by the [D-Wave Quantum Inc, QBTS], it can be observed that its last 5-days Average volume of 2.37 million was lower the volume of 3.86 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 52.15% While, its Average True Range was 0.0823.
Raw Stochastic average of D-Wave Quantum Inc (QBTS) in the period of the previous 100 days is set at 25.92%, which indicates a major fall in contrast to 63.42% 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 76.53% that was lower than 77.45% volatility it exhibited in the past 100-days period.
