On Friday, D-Wave Quantum Inc (NYSE: QBTS) opened lower -9.29% from the last session, before settling in for the closing price of $5.81. Price fluctuations for QBTS have ranged from $0.68 to $11.41 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 12.11%. Company’s average yearly earnings per share was noted 24.52% at the time writing. With a float of $122.81 million, this company’s outstanding shares have now reached $164.20 million.
Let’s determine the extent of company efficiency that accounts for 200 employees. 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
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of D-Wave Quantum Inc is 27.82%, while institutional ownership is 27.52%. The most recent insider transaction that took place on Jan 14 ’25, was worth 43,459,766. In this transaction 10% Owner of this company sold 9,615,306 shares at a rate of $4.52, taking the stock ownership to the 20,384,694 shares. Before that another transaction happened on Jan 13 ’25, when Company’s 10% Owner sold 7,278,688 for $4.07, making the entire transaction worth $29,605,110. This insider now owns 30,000,000 shares in total.
D-Wave Quantum Inc (QBTS) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.52% per share during the next fiscal year.
D-Wave Quantum Inc (NYSE: QBTS) Trading Performance Indicators
Check out the current performance indicators for D-Wave Quantum Inc (QBTS). In the past quarter, the stock posted a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 173.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.25 in one year’s time.
Technical Analysis of D-Wave Quantum Inc (QBTS)
Looking closely at D-Wave Quantum Inc (NYSE: QBTS), its last 5-days average volume was 138.48 million, which is a jump from its year-to-date volume of 113.66 million. As of the previous 9 days, the stock’s Stochastic %D was 27.53%. Additionally, its Average True Range was 1.52.
During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 42.13%, which indicates a significant increase from 19.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 295.69% in the past 14 days, which was higher than the 201.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.83, while its 200-day Moving Average is $2.08. However, in the short run, D-Wave Quantum Inc’s stock first resistance to watch stands at $5.78. Second resistance stands at $6.30. The third major resistance level sits at $6.57. If the price goes on to break the first support level at $4.99, it is likely to go to the next support level at $4.72. Should the price break the second support level, the third support level stands at $4.20.
D-Wave Quantum Inc (NYSE: QBTS) Key Stats
There are currently 269,152K shares outstanding in the company with a market cap of 1.64 billion. Presently, the company’s annual sales total 8,760 K according to its annual income of -82,720 K. Last quarter, the company’s sales amounted to 1,870 K and its income totaled -22,710 K.
