D-Wave Quantum Inc (NYSE: QBTS) on Monday, soared 0.34% from the previous trading day, before settling in for the closing price of $5.81. Within the past 52 weeks, QBTS’s price has moved between $0.75 and $11.41.
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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%. The company achieved an average annual earnings per share of 25.46%. With a float of $256.03 million, this company’s outstanding shares have now reached $310.33 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) Insider Activity
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of D-Wave Quantum Inc is 17.50%, while institutional ownership is 11.23%. The most recent insider transaction that took place on Jan 23 ’25, was worth 12,558. In this transaction General Counsel of this company sold 2,383 shares at a rate of $5.27, taking the stock ownership to the 448,162 shares. Before that another transaction happened on Jan 23 ’25, when Company’s Chief Financial Officer sold 5,582 for $5.27, making the entire transaction worth $29,417. This insider now owns 1,064,556 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 -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.46% per share during the next fiscal year.
D-Wave Quantum Inc (NYSE: QBTS) Trading Performance Indicators
D-Wave Quantum Inc (QBTS) is currently performing well based on its current performance indicators. A quick ratio of 1.28 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 192.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of D-Wave Quantum Inc (QBTS)
Compared to the last year’s volume of 92.22 million, its volume of 62.91 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.41%. Additionally, its Average True Range was 0.98.
During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 47.05%, which indicates a significant increase from 32.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.11% in the past 14 days, which was lower than the 202.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.07, while its 200-day Moving Average is $2.39. Nevertheless, the first resistance level for the watch stands at $6.09 in the near term. At $6.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.63. If the price goes on to break the first support level at $5.55, it is likely to go to the next support level at $5.27. Should the price break the second support level, the third support level stands at $5.01.
D-Wave Quantum Inc (NYSE: QBTS) Key Stats
Market capitalization of the company is 1.81 billion based on 269,152K outstanding shares. Right now, sales total 8,760 K and income totals -82,720 K. The company made 1,870 K in profit during its latest quarter, and -22,710 K in sales during its previous quarter.
