IonQ Inc (IONQ) last year’s performance of 79.54% is a clear signal for an entertaining trading season.

IonQ Inc (NYSE: IONQ) on Monday, soared 5.01% from the previous trading day, before settling in for the closing price of $16.96. Within the past 52 weeks, IONQ’s price has moved between $6.22 and $17.05.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 176.11%. The company achieved an average annual earnings per share of -4.49%. With a float of $183.79 million, this company’s outstanding shares have now reached $206.61 million.

Considering the fact that the conglomerate employs 324 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 40.67%, operating margin of -635.98%, and the pretax margin is -524.91%.

IonQ Inc (IONQ) Breakdown of a Key Holders of the stock

Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of IonQ Inc is 14.15%, while institutional ownership is 32.29%. The most recent insider transaction that took place on Oct 28 ’24, was worth 387,960. Before that another transaction happened on Oct 23 ’24, when Company’s Chief Revenue Officer sold 12,000 for $15.72, making the entire transaction worth $188,640. This insider now owns 615,533 shares in total.

IonQ Inc (IONQ) Recent Fiscal highlights

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.22 earnings per share (EPS) for the period falling under the consensus outlook (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

IonQ Inc (IONQ) is currently performing well based on its current performance indicators. A quick ratio of 12.53 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 122.20.

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)

Compared to the last year’s volume of 6.77 million, its volume of 26.03 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 95.35%. Additionally, its Average True Range was 1.15.

During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 96.74%, which indicates a significant increase from 95.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.59% in the past 14 days, which was lower than the 83.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.32, while its 200-day Moving Average is $8.98. Nevertheless, the first resistance level for the watch stands at $18.49 in the near term. At $19.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.14. If the price goes on to break the first support level at $16.84, it is likely to go to the next support level at $15.87. Now, if the price goes above the second support level, the third support stands at $15.19.

IonQ Inc (NYSE: IONQ) Key Stats

Market capitalization of the company is 3.81 billion based on 211,455K outstanding shares. Right now, sales total 22,040 K and income totals -157,770 K. The company made 11,380 K in profit during its latest quarter, and -37,560 K in sales during its previous quarter.