A new trading day began on Monday, with Quantum Computing Inc (NASDAQ: QUBT) stock price down -4.14% from the previous day of trading, before settling in for the closing price of $10.38. QUBT’s price has ranged from $0.35 to $27.15 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 40.81% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 34.21%. With a float of $109.66 million, this company’s outstanding shares have now reached $137.18 million.
In an organization with 39 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership
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 Quantum Computing Inc is 20.06%, while institutional ownership is 3.28%.
Quantum Computing Inc (QUBT) Latest Financial update
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
Here are Quantum Computing Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3499.74.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 14.33 million. That was inferior than the volume of 37.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.40%. Additionally, its Average True Range was 2.12.
During the past 100 days, Quantum Computing Inc’s (QUBT) raw stochastic average was set at 35.24%, which indicates a significant decrease from 54.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 212.00% in the past 14 days, which was lower than the 280.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.01, while its 200-day Moving Average is $3.36. However, in the short run, Quantum Computing Inc’s stock first resistance to watch stands at $10.31. Second resistance stands at $10.67. The third major resistance level sits at $11.14. If the price goes on to break the first support level at $9.48, it is likely to go to the next support level at $9.01. The third support level lies at $8.65 if the price breaches the second support level.
Quantum Computing Inc (NASDAQ: QUBT) Key Stats
With a market capitalization of 1.36 billion, the company has a total of 128,962K Shares Outstanding. Currently, annual sales are 358 K while annual income is -29,731 K. The company’s previous quarter sales were 101 K while its latest quarter income was -5,675 K.
