Quantum Computing Inc (NASDAQ: QUBT) kicked off on Monday, down -13.46% from the previous trading day, before settling in for the closing price of $7.06. Over the past 52 weeks, QUBT has traded in a range of $0.35-$9.20.
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Technology Sector giant saw their annual sales surged by 32.65% over the last five years. While this was happening, its average annual earnings per share was recorded 34.21%. With a float of $86.51 million, this company’s outstanding shares have now reached $94.42 million.
The firm has a total of 39 workers. Let’s measure their productivity. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Quantum Computing Inc is 26.82%, while institutional ownership is 3.44%.
Quantum Computing Inc (QUBT) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.09 earnings per share (EPS), higher than consensus estimate (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
Take a look at Quantum Computing Inc’s (QUBT) current performance indicators. Last quarter, stock had a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1937.14.
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)
Analysing the last 5-days average volume posted by the [Quantum Computing Inc, QUBT], we can find that recorded value of 55.09 million was better than the volume posted last year of 5.78 million. As of the previous 9 days, the stock’s Stochastic %D was 62.84%. Additionally, its Average True Range was 1.06.
During the past 100 days, Quantum Computing Inc’s (QUBT) raw stochastic average was set at 64.36%, which indicates a significant increase from 61.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 437.71% in the past 14 days, which was higher than the 195.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.97, while its 200-day Moving Average is $1.05. Now, the first resistance to watch is $7.08. This is followed by the second major resistance level at $8.04. The third major resistance level sits at $8.53. If the price goes on to break the first support level at $5.63, it is likely to go to the next support level at $5.14. Should the price break the second support level, the third support level stands at $4.18.
Quantum Computing Inc (NASDAQ: QUBT) Key Stats
The company with the Market Capitalisation of 755.49 million has total of 102,218K Shares Outstanding. Its annual sales at the moment are 358 K in contrast with the sum of -29,731 K annual income. Company’s last quarter sales were recorded 101 K and last quarter income was -5,675 K.
