On Monday, D-Wave Quantum Inc (NYSE: QBTS) was 15.38% up from the session before settling in for the closing price of $1.04. A 52-week range for QBTS has been $0.57 – $2.44.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 12.11%. When this article was written, the company’s average yearly earnings per share was at 22.55%. With a float of $121.12 million, this company’s outstanding shares have now reached $170.14 million.
Considering the fact that the conglomerate employs 200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 64.68%, operating margin of -704.86%, and the pretax margin is -661.65%.
D-Wave Quantum Inc (QBTS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward D-Wave Quantum Inc stocks. The insider ownership of D-Wave Quantum Inc is 28.82%, while institutional ownership is 24.45%. The most recent insider transaction that took place on Jun 04 ’24, was worth 62,887. In this transaction Director of this company sold 49,910 shares at a rate of $1.26, taking the stock ownership to the 887,138 shares. Before that another transaction happened on May 31 ’24, when Company’s Director sold 36,353 for $1.30, making the entire transaction worth $47,379. This insider now owns 962,723 shares in total.
D-Wave Quantum Inc (QBTS) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.12 earnings per share (EPS) during the time that was better than consensus figure (set at -0.14) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.55% per share during the next fiscal year.
D-Wave Quantum Inc (NYSE: QBTS) Trading Performance Indicators
You can see what D-Wave Quantum Inc (QBTS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of D-Wave Quantum Inc (QBTS)
Compared to the last year’s volume of 3.98 million, its volume of 11.0 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.60%. Additionally, its Average True Range was 0.11.
During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 69.21%, which indicates a significant increase from 63.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.52% in the past 14 days, which was higher than the 83.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9952, while its 200-day Moving Average is $1.2623. Nevertheless, the first resistance level for the watch stands at $1.2533 in the near term. At $1.3067, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4133. If the price goes on to break the first support level at $1.0933, it is likely to go to the next support level at $0.9867. Now, if the price goes above the second support level, the third support stands at $0.9333.
D-Wave Quantum Inc (NYSE: QBTS) Key Stats
There are 171,270K outstanding shares of the company, which has a market capitalization of 204.17 million. As of now, sales total 8,760 K while income totals -82,720 K. Its latest quarter income was 2,180 K while its last quarter net income were -17,780 K.
