A new trading day began on Monday, with IonQ Inc (NYSE: IONQ) stock price down -13.42% from the previous day of trading, before settling in for the closing price of $29.14. IONQ’s price has ranged from $6.22 to $29.48 over the past 52 weeks.
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Annual sales at Technology sector company grew by 176.11% over the past five years. Meanwhile, its annual earnings per share averaged -7.09%. With a float of $186.09 million, this company’s outstanding shares have now reached $206.61 million.
Let’s look at the performance matrix of the company that is accounted for 324 employees. In terms of profitability, gross margin is 38.56%, operating margin of -558.86%, and the pretax margin is -457.73%.
IonQ Inc (IONQ) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of IonQ Inc is 14.00%, while institutional ownership is 34.83%. The most recent insider transaction that took place on Oct 28 ’24, was worth 405,941. In this transaction Chief Revenue Officer of this company sold 22,875 shares at a rate of $17.75, taking the stock ownership to the 592,658 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Officer proposed sale 22,875 for $16.96, making the entire transaction worth $387,960.
IonQ Inc (IONQ) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -7.09% per share during the next fiscal year.
IonQ Inc (NYSE: IONQ) Trading Performance Indicators
Here are IonQ Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 11.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 162.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.93 in one year’s time.
Technical Analysis of IonQ Inc (IONQ)
IonQ Inc (NYSE: IONQ) saw its 5-day average volume 39.26 million, a positive change from its year-to-date volume of 8.59 million. As of the previous 9 days, the stock’s Stochastic %D was 84.31%. Additionally, its Average True Range was 2.78.
During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 81.73%, which indicates a significant increase from 72.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 174.57% in the past 14 days, which was higher than the 105.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.37, while its 200-day Moving Average is $9.71. Nevertheless, the first resistance level for the watch stands at $28.38 in the near term. At $31.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.58. If the price goes on to break the first support level at $22.18, it is likely to go to the next support level at $19.12. Assuming the price breaks the second support level, the third support level stands at $15.98.
IonQ Inc (NYSE: IONQ) Key Stats
With a market capitalization of 6.08 billion, the company has a total of 214,076K Shares Outstanding. Currently, annual sales are 22,040 K while annual income is -157,770 K. The company’s previous quarter sales were 12,400 K while its latest quarter income was -52,500 K.
