A new trading day began on Friday, with D-Wave Quantum Inc (NYSE: QBTS) stock price up 27.88% from the previous day of trading, before settling in for the closing price of $3.91. QBTS’s price has ranged from $0.68 to $5.38 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 12.11%. Meanwhile, its annual earnings per share averaged 19.80%. With a float of $121.91 million, this company’s outstanding shares have now reached $164.20 million.
Considering the fact that the conglomerate employs 200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 64.27%, operating margin of -780.27%, and the pretax margin is -783.28%.
D-Wave Quantum Inc (QBTS) Breakdown of a Key Holders of the stock
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 D-Wave Quantum Inc is 28.35%, while institutional ownership is 26.67%. The most recent insider transaction that took place on Dec 11 ’24, was worth 40,137,938. In this transaction 10% Owner of this company sold 9,292,600 shares at a rate of $4.32, taking the stock ownership to the 9,437,593 shares. Before that another transaction happened on Dec 12 ’24, when Company’s 10% Owner sold 8,437,593 for $4.21, making the entire transaction worth $35,496,954. This insider now owns 1,000,000 shares in total.
D-Wave Quantum Inc (QBTS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 19.80% per share during the next fiscal year.
D-Wave Quantum Inc (NYSE: QBTS) Trading Performance Indicators
Here are D-Wave Quantum Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 197.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of D-Wave Quantum Inc (QBTS)
Compared to the last year’s volume of 8.18 million, its volume of 77.63 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 64.00%. Additionally, its Average True Range was 0.68.
During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 91.79%, which indicates a significant increase from 86.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 205.90% in the past 14 days, which was higher than the 137.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.96, while its 200-day Moving Average is $1.46. Nevertheless, the first resistance level for the watch stands at $5.49 in the near term. At $5.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.87. If the price goes on to break the first support level at $4.11, it is likely to go to the next support level at $3.22. Now, if the price goes above the second support level, the third support stands at $2.73.
D-Wave Quantum Inc (NYSE: QBTS) Key Stats
With a market capitalization of 1.86 billion, the company has a total of 224,015K Shares Outstanding. Currently, annual sales are 8,760 K while annual income is -82,720 K. The company’s previous quarter sales were 1,870 K while its latest quarter income was -22,710 K.
