IonQ Inc (IONQ) plunged -3.41 in the last month: It’s impossible to believe the numbers

IonQ Inc (NYSE: IONQ) on Monday, plunged -3.41% from the previous trading day, before settling in for the closing price of $22.85. Within the past 52 weeks, IONQ’s price has moved between $6.22 and $54.74.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Technology sector has jumped its sales by 155.93% annually for the last half of the decade. The company achieved an average annual earnings per share of 26.28%. With a float of $204.50 million, this company’s outstanding shares have now reached $221.92 million.

In an organization with 407 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 52.18%, operating margin of -539.68%, and the pretax margin is -769.83%.

IonQ Inc (IONQ) Insider Updates

Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of IonQ Inc is 8.23%, while institutional ownership is 40.29%. The most recent insider transaction that took place on Mar 11 ’25, was worth 372,263. In this transaction Chief Revenue Officer of this company sold 20,047 shares at a rate of $18.57, taking the stock ownership to the 572,568 shares. Before that another transaction happened on Mar 11 ’25, when Company’s Executive Chair sold 12,069 for $18.57, making the entire transaction worth $224,115. This insider now owns 402,294 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 26.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.65% during the next five years compared to -85.81% drop over the previous five years of trading.

IonQ Inc (NYSE: IONQ) Trading Performance Indicators

IonQ Inc (IONQ) is currently performing well based on its current performance indicators. A quick ratio of 9.98 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 114.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.54, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -1.20 in one year’s time.

Technical Analysis of IonQ Inc (IONQ)

Let’s dig in a bit further. During the last 5-days, its volume was 18.39 million. That was inferior than the volume of 24.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.12%. Additionally, its Average True Range was 2.60.

During the past 100 days, IonQ Inc’s (IONQ) raw stochastic average was set at 19.51%, which indicates a significant decrease from 30.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.15% in the past 14 days, which was lower than the 159.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.03, while its 200-day Moving Average is $20.61. However, in the short run, IonQ Inc’s stock first resistance to watch stands at $22.95. Second resistance stands at $23.82. The third major resistance level sits at $24.54. If the price goes on to break the first support level at $21.35, it is likely to go to the next support level at $20.62. Assuming the price breaks the second support level, the third support level stands at $19.75.

IonQ Inc (NYSE: IONQ) Key Stats

Market capitalization of the company is 4.92 billion based on 222,842K outstanding shares. Right now, sales total 43,070 K and income totals -331,650 K. The company made 11,710 K in profit during its latest quarter, and -202,000 K in sales during its previous quarter.