With 77.45M Outstanding Shares, Can Quantum Computing Inc (NASDAQ: QUBT) Deliver Big Short-Term Gains?

Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 1.08M but it saw 4071351 shares traded in last market. With a market cap of 106.56M USD, the company’s current market price of $1.12 came falling about -10.40 while comparing to the previous closing price of $1.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.65 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $1.06 while lowest mark touched by it was $1.29.

Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $0.9267, while its current price level is -32.12% below from 52-week high level whereas it is 215.58% 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 $0.7671 while that of 200 days or SMA-200 reads an average of $0.7713. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.91% during that period while stretching the period over a month that decreases to 13.09%. 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 62.57 which implies that the stock is in neutral territory.

Over the week, QUBT’s stock price is moving 1.82% up while it is 69.67% when we observe its performance for the past one month. Year-to-date it is 22.66% up and over the past year, the stock is showing an upside performance of 54.14%.

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 1.61 while price to sale or P/S ratio amounts to 313.42. Its return on asset (ROA) is -30.99% on average.