Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 868.56K but it saw 780505 shares traded in last market. With a market cap of 62.12M USD, the company’s current market price of $0.68 came rising about 10.70 while comparing to the previous closing price of $0.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.37 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $0.6 while lowest mark touched by it was $0.685.
Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $0.6357, while its current price level is -50.36% below from 52-week high level whereas it is 91.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6226 while that of 200 days or SMA-200 reads an average of $0.7903. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.21% during that period while stretching the period over a month that increases to 8.13%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.97 which implies that the stock is in neutral territory.
Over the week, QUBT’s stock price is moving 15.18% up while it is -2.86% when we observe its performance for the past one month. Year-to-date it is -25.53% down and over the past year, the stock is showing a downside performance of -42.86%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.07 beat the consensus estimate of -0.11 for the same. The company is expected to be releasing its next quarterly report on 2024-Aug-22, for which analysts forecasted an EPS of -0.08 while estimate for next year EPS is -0.31. In next quarter, company is expected to be making quarterly sales of $300k as analysts are expecting the sales for current fiscal year at $1M and seeing the company making $2.5M in sales next year. Moreover, analysts are in estimates of $200k for current-quarter revenue.
Currently, Quantum Computing Inc’s total number of outstanding shares is 77.45M with 27.66% of that held by the insiders while 4.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -35.15% and return on equity (ROE) at -36.02%. Stock’s beta reads 1.73. Stock has a price to book (P/B) ratio of 0.78 while price to sale or P/S ratio amounts to 238.94. Its return on asset (ROA) is -32.60% on average.
