A new trading day began on Monday, with IonQ Inc (NYSE: IONQ) stock price down -1.58% from the previous day of trading, before settling in for the closing price of $31.74. IONQ’s price has ranged from $6.22 to $54.74 over the past 52 weeks.
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Annual sales at Technology sector company grew by 176.11% over the past five years. Meanwhile, its annual earnings per share averaged -11.11%. With a float of $192.35 million, this company’s outstanding shares have now reached $215.98 million.
Let’s look at the performance matrix of the company that is accounted for 324 employees. In terms of profitability, gross margin is 38.56%, operating margin of -558.86%, and the pretax margin is -457.73%.
IonQ Inc (IONQ) Insider Updates
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 IonQ Inc is 11.11%, while institutional ownership is 41.40%. The most recent insider transaction that took place on Dec 11 ’24, was worth 634,377. In this transaction Chief Revenue Officer of this company sold 21,337 shares at a rate of $29.73, taking the stock ownership to the 571,321 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Chief Financial Officer sold 9,780 for $29.72, making the entire transaction worth $290,633. This insider now owns 926,114 shares in total.
IonQ Inc (IONQ) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.11% per share during the next fiscal year.
IonQ Inc (NYSE: IONQ) Trading Performance Indicators
Here are IonQ Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 11.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 180.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.96 in one year’s time.
Technical Analysis of IonQ Inc (IONQ)
IonQ Inc (NYSE: IONQ) saw its 5-day average volume 16.39 million, a negative change from its year-to-date volume of 27.08 million. As of the previous 9 days, the stock’s Stochastic %D was 8.43%. Additionally, its Average True Range was 3.96.
During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 49.73%, which indicates a significant increase from 8.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.67% in the past 14 days, which was lower than the 154.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.18, while its 200-day Moving Average is $18.75. Nevertheless, the first resistance level for the watch stands at $32.52 in the near term. At $33.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $35.05. If the price goes on to break the first support level at $29.99, it is likely to go to the next support level at $28.73. Assuming the price breaks the second support level, the third support level stands at $27.46.
IonQ Inc (NYSE: IONQ) Key Stats
With a market capitalization of 6.76 billion, the company has a total of 216,392K Shares Outstanding. Currently, annual sales are 22,040 K while annual income is -157,770 K. The company’s previous quarter sales were 12,400 K while its latest quarter income was -52,500 K.
