D-Wave Quantum Inc (NYSE: QBTS) on Monday, plunged -2.80% from the previous trading day, before settling in for the closing price of $6.42. Within the past 52 weeks, QBTS’s price has moved between $0.75 and $11.95.
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Annual sales at Technology sector company grew by 9.28% over the past five years. The company achieved an average annual earnings per share of 47.69%. With a float of $277.90 million, this company’s outstanding shares have now reached $291.35 million.
Let’s look at the performance matrix of the company that is accounted for 220 employees. In terms of profitability, gross margin is 63.02%, operating margin of -874.85%, and the pretax margin is -1629.99%.
D-Wave Quantum Inc (QBTS) Insider Updates
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of D-Wave Quantum Inc is 4.62%, while institutional ownership is 19.62%. 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) Performance Highlights and Predictions
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 47.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.48% during the next five years compared to -0.61% drop over the previous five years of trading.
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 6.08 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 205.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of D-Wave Quantum Inc (QBTS)
D-Wave Quantum Inc (NYSE: QBTS) saw its 5-day average volume 19.57 million, a negative change from its year-to-date volume of 74.46 million. As of the previous 9 days, the stock’s Stochastic %D was 26.67%. Additionally, its Average True Range was 0.84.
During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 42.79%, which indicates a significant increase from 20.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.68% in the past 14 days, which was lower than the 213.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.92, while its 200-day Moving Average is $3.76. Nevertheless, the first resistance level for the watch stands at $6.38 in the near term. At $6.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.72. If the price goes on to break the first support level at $6.04, it is likely to go to the next support level at $5.83. Assuming the price breaks the second support level, the third support level stands at $5.70.
D-Wave Quantum Inc (NYSE: QBTS) Key Stats
Market capitalization of the company is 1.82 billion based on 291,348K outstanding shares. Right now, sales total 8,830 K and income totals -143,880 K. The company made 2,310 K in profit during its latest quarter, and -86,080 K in sales during its previous quarter.
