A new trading day began on Friday, with D-Wave Quantum Inc (NYSE: QBTS) stock price down -4.89% from the previous day of trading, before settling in for the closing price of $9.61. QBTS’s price has ranged from $0.68 to $11.41 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 12.11% over the last five years. Meanwhile, its annual earnings per share averaged 20.74%. With a float of $121.91 million, this company’s outstanding shares have now reached $164.20 million.
The firm has a total of 200 workers. Let’s measure their productivity. 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) Insider Activity
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 26.83%. The most recent insider transaction that took place on Dec 20 ’24, was worth 6,678,200. In this transaction 10% Owner of this company sold 1,000,000 shares at a rate of $6.68, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 20 ’24, when Company’s 10% Owner proposed sale 1,000,000 for $6.37, making the entire transaction worth $6,370,000.
D-Wave Quantum Inc (QBTS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 20.74% 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 248.38.
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 -0.28 in one year’s time.
Technical Analysis of D-Wave Quantum Inc (QBTS)
Analysing the last 5-days average volume posted by the [D-Wave Quantum Inc, QBTS], we can find that recorded value of 69.2 million was better than the volume posted last year of 64.45 million. As of the previous 9 days, the stock’s Stochastic %D was 59.38%. Additionally, its Average True Range was 1.45.
During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 78.61%, which indicates a significant increase from 70.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 274.67% in the past 14 days, which was higher than the 167.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.88, while its 200-day Moving Average is $1.89. Now, the first resistance to watch is $9.92. This is followed by the second major resistance level at $10.69. The third major resistance level sits at $11.24. If the price goes on to break the first support level at $8.60, it is likely to go to the next support level at $8.05. Should the price break the second support level, the third support level stands at $7.28.
D-Wave Quantum Inc (NYSE: QBTS) Key Stats
With a market capitalization of 2.34 billion, the company has a total of 269,152K 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.
