IonQ Inc (NYSE: IONQ) on Monday, plunged -9.82% from the previous trading day, before settling in for the closing price of $37.97. Within the past 52 weeks, IONQ’s price has moved between $6.22 and $38.45.
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During the last 5-year period, the sales growth of Technology Sector giant was 176.11%. The company achieved an average annual earnings per share of -7.98%. With a float of $186.09 million, this company’s outstanding shares have now reached $215.98 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of IonQ Inc is 14.00%, while institutional ownership is 35.41%. The most recent insider transaction that took place on Dec 11 ’24, was worth 864,598. Before that another transaction happened on Dec 11 ’24, when Company’s Officer proposed sale 11,300 for $35.95, making the entire transaction worth $406,235.
IonQ Inc (IONQ) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -7.98% per share during the next fiscal year.
IonQ Inc (NYSE: IONQ) Trading Performance Indicators
IonQ Inc (IONQ) is currently performing well based on its current performance indicators. A quick ratio of 11.68 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 208.85.
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)
Looking closely at IonQ Inc (NYSE: IONQ), its last 5-days average volume was 21.74 million, which is a jump from its year-to-date volume of 9.64 million. As of the previous 9 days, the stock’s Stochastic %D was 78.53%. Additionally, its Average True Range was 3.61.
During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 86.94%, which indicates a significant increase from 69.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.23% in the past 14 days, which was higher than the 111.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.32, while its 200-day Moving Average is $11.25. However, in the short run, IonQ Inc’s stock first resistance to watch stands at $36.94. Second resistance stands at $39.64. The third major resistance level sits at $41.03. If the price goes on to break the first support level at $32.85, it is likely to go to the next support level at $31.46. Should the price break the second support level, the third support level stands at $28.76.
IonQ Inc (NYSE: IONQ) Key Stats
Market capitalization of the company is 7.83 billion based on 216,392K outstanding shares. Right now, sales total 22,040 K and income totals -157,770 K. The company made 12,400 K in profit during its latest quarter, and -52,500 K in sales during its previous quarter.
