IonQ Inc (NYSE: IONQ) kicked off on Monday, up 10.98% from the previous trading day, before settling in for the closing price of $13.30. Over the past 52 weeks, IONQ has traded in a range of $6.22-$15.49.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 176.11%. While this was happening, its average annual earnings per share was recorded -4.49%. With a float of $183.76 million, this company’s outstanding shares have now reached $206.61 million.
The extent of productivity of a business whose workforce counts for 324 workers is very important to gauge. In terms of profitability, gross margin is 40.67%, operating margin of -635.98%, and the pretax margin is -524.91%.
IonQ Inc (IONQ) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of IonQ Inc is 14.16%, while institutional ownership is 32.34%. The most recent insider transaction that took place on Oct 16 ’24, was worth 115,735. In this transaction Chief Revenue Officer of this company sold 9,875 shares at a rate of $11.72, taking the stock ownership to the 638,908 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Chief Revenue Officer sold 11,375 for $13.72, making the entire transaction worth $156,065. This insider now owns 627,533 shares in total.
IonQ Inc (IONQ) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.22 earnings per share (EPS), lower than consensus estimate (set at -0.18) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.49% per share during the next fiscal year.
IonQ Inc (NYSE: IONQ) Trading Performance Indicators
Take a look at IonQ Inc’s (IONQ) current performance indicators. Last quarter, stock had a quick ratio of 12.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 101.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.79, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.81 in one year’s time.
Technical Analysis of IonQ Inc (IONQ)
The latest stats from [IonQ Inc, IONQ] show that its last 5-days average volume of 18.97 million was superior to 6.29 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 92.54%. Additionally, its Average True Range was 0.95.
During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 94.78%, which indicates a significant increase from 93.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.56% in the past 14 days, which was lower than the 82.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.44, while its 200-day Moving Average is $8.89. Now, the first resistance to watch is $15.66. This is followed by the second major resistance level at $16.57. The third major resistance level sits at $17.90. If the price goes on to break the first support level at $13.42, it is likely to go to the next support level at $12.09. The third support level lies at $11.18 if the price breaches the second support level.
IonQ Inc (NYSE: IONQ) Key Stats
The company with the Market Capitalisation of 3.16 billion has total of 211,455K Shares Outstanding. Its annual sales at the moment are 22,040 K in contrast with the sum of -157,770 K annual income. Company’s last quarter sales were recorded 11,380 K and last quarter income was -37,560 K.
