Quantum Computing Inc (NASDAQ: QUBT) on Friday, plunged -4.63% from the previous trading day, before settling in for the closing price of $19.24. Within the past 52 weeks, QUBT’s price has moved between $0.35 and $27.15.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 32.65%. The company achieved an average annual earnings per share of 34.21%. With a float of $101.12 million, this company’s outstanding shares have now reached $128.96 million.
Considering the fact that the conglomerate employs 39 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Quantum Computing Inc is 21.59%, while institutional ownership is 3.15%.
Quantum Computing Inc (QUBT) Recent Fiscal highlights
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
Quantum Computing Inc (QUBT) is currently performing well based on its current performance indicators. A quick ratio of 1.51 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 5787.16.
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)
Compared to the last year’s volume of 10.08 million, its volume of 60.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.24%. Additionally, its Average True Range was 3.32.
During the past 100 days, Quantum Computing Inc’s (QUBT) raw stochastic average was set at 66.89%, which indicates a significant increase from 58.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 404.24% in the past 14 days, which was higher than the 245.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.16, while its 200-day Moving Average is $2.08. Nevertheless, the first resistance level for the watch stands at $20.86 in the near term. At $23.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.98. If the price goes on to break the first support level at $16.74, it is likely to go to the next support level at $15.12. Now, if the price goes above the second support level, the third support stands at $12.62.
Quantum Computing Inc (NASDAQ: QUBT) Key Stats
Market capitalization of the company is 2.26 billion based on 128,962K outstanding shares. Right now, sales total 358 K and income totals -29,731 K. The company made 101 K in profit during its latest quarter, and -5,675 K in sales during its previous quarter.
