On Monday, IonQ Inc (NYSE: IONQ) was -2.89% drop from the session before settling in for the closing price of $31.80. A 52-week range for IONQ has been $6.22 – $33.80.
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A company in the Technology sector has jumped its sales by 176.11% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -7.09%. With a float of $186.09 million, this company’s outstanding shares have now reached $206.61 million.
In an organization with 324 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward IonQ Inc stocks. The insider ownership of IonQ Inc is 14.00%, while institutional ownership is 34.79%. 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
You can see what IonQ Inc (IONQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 11.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 173.00.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 32.44 million. That was better than the volume of 9.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.42%. Additionally, its Average True Range was 3.13.
During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 84.98%, which indicates a significant increase from 77.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 165.96% in the past 14 days, which was higher than the 107.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.67, while its 200-day Moving Average is $10.21. However, in the short run, IonQ Inc’s stock first resistance to watch stands at $33.93. Second resistance stands at $36.97. The third major resistance level sits at $38.71. If the price goes on to break the first support level at $29.15, it is likely to go to the next support level at $27.41. Assuming the price breaks the second support level, the third support level stands at $24.37.
IonQ Inc (NYSE: IONQ) Key Stats
There are 216,392K outstanding shares of the company, which has a market capitalization of 6.48 billion. As of now, sales total 22,040 K while income totals -157,770 K. Its latest quarter income was 12,400 K while its last quarter net income were -52,500 K.
