On Friday, Quantum Computing Inc (NASDAQ: QUBT) opened higher 28.15% from the last session, before settling in for the closing price of $4.76. Price fluctuations for QUBT have ranged from $0.35 to $5.31 over the past 52 weeks.
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Annual sales at Technology sector company grew by 32.65% over the past five years. Company’s average yearly earnings per share was noted 34.21% at the time writing. With a float of $72.51 million, this company’s outstanding shares have now reached $77.45 million.
Let’s look at the performance matrix of the company that is accounted for 39 employees. In terms of profitability, gross margin is -2139.76%, operating margin of -6484.59%, and the pretax margin is -6753.06%.
Quantum Computing Inc (QUBT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of Quantum Computing Inc is 26.82%, while institutional ownership is 4.10%.
Quantum Computing Inc (QUBT) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.1) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.21% per share during the next fiscal year.
Quantum Computing Inc (NASDAQ: QUBT) Trading Performance Indicators
Check out the current performance indicators for Quantum Computing Inc (QUBT). In the past quarter, the stock posted a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2369.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.21 in one year’s time.
Technical Analysis of Quantum Computing Inc (QUBT)
Quantum Computing Inc (NASDAQ: QUBT) saw its 5-day average volume 77.95 million, a positive change from its year-to-date volume of 4.7 million. As of the previous 9 days, the stock’s Stochastic %D was 83.77%. Additionally, its Average True Range was 0.75.
During the past 100 days, Quantum Computing Inc’s (QUBT) raw stochastic average was set at 94.90%, which indicates a significant increase from 94.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 414.71% in the past 14 days, which was higher than the 191.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.35, while its 200-day Moving Average is $0.90. Nevertheless, the first resistance level for the watch stands at $6.83 in the near term. At $7.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.72. If the price goes on to break the first support level at $4.94, it is likely to go to the next support level at $3.78. The third support level lies at $3.05 if the price breaches the second support level.
Quantum Computing Inc (NASDAQ: QUBT) Key Stats
There are currently 102,218K shares outstanding in the company with a market cap of 924.14 million. Presently, the company’s annual sales total 358 K according to its annual income of -29,731 K. Last quarter, the company’s sales amounted to 101 K and its income totaled -5,675 K.
