Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 764.63K but it saw 1874213 shares traded in last market. With a market cap of 104.65M USD, the company’s current market price of $1.10 came rising about 5.77 while comparing to the previous closing price of $1.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.32 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $1.04 while lowest mark touched by it was $1.13.
Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $0.7932, while its current price level is -16.67% below from 52-week high level whereas it is 209.95% 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 $0.7106 while that of 200 days or SMA-200 reads an average of $0.7614. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.20% during that period while stretching the period over a month that decreases to 9.39%. 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 74.06 which implies that the stock is in overbought territory.
Over the week, QUBT’s stock price is moving 26.44% up while it is 66.79% when we observe its performance for the past one month. Year-to-date it is 20.47% up and over the past year, the stock is showing an upside performance of 23.04%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.11 beaten by the consensus estimate of -0.1 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $400k 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 $300k for current-quarter revenue.
Currently, Quantum Computing Inc’s total number of outstanding shares is 77.45M. Company’s return on investment (ROI) stands at -36.08% and return on equity (ROE) at -34.17%. Stock’s beta reads 1.71. Stock has a price to book (P/B) ratio of 1.59 while price to sale or P/S ratio amounts to 307.81. Its return on asset (ROA) is -30.99% on average.
