D-Wave Quantum Inc (NYSE: QBTS) started the day on Thursday, with a price increase of 29.20% at $1.46, before settling in for the price of $1.13 at the close. Taking a more long-term approach, QBTS posted a 52-week range of $0.57-$2.44.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth 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 $121.12 million. The organization now has a market capitalization sitting at $294.09 million. At the time of writing, stock’s 50-day Moving Average stood at $1.0156, while the 200-day Moving Average is $1.2779.
D-Wave Quantum Inc (QBTS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Computer Hardware Industry. D-Wave Quantum Inc’s current insider ownership accounts for 28.82%, in contrast to 24.43% 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
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 0.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 29.06.
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)
If we take a close look at the recent performances of D-Wave Quantum Inc (NYSE: QBTS), its last 5-days Average volume was 8.04 million that shows progress from its year to date volume of 4.11 million. During the previous 9 days, stock’s Stochastic %D was recorded 61.67% While, its Average True Range was 0.1373.
Raw Stochastic average of D-Wave Quantum Inc (QBTS) in the period of the previous 100 days is set at 98.61%, which indicates a major rise in contrast to 97.98% 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 141.61% that was higher than 92.96% volatility it exhibited in the past 100-days period.
