Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 9.90M but it saw 133074956 shares traded in last market. With a market cap of 562.72M USD, the company’s current market price of $4.76 came rising about 29.35 while comparing to the previous closing price of $3.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.69 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $4.03 while lowest mark touched by it was $5.31.
Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $1.97, while its current price level is 1.49% below from 52-week high level whereas it is 1241.22% 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 $1.24 while that of 200 days or SMA-200 reads an average of $0.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.96% during that period while stretching the period over a month that decreases to 27.15%. 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 72.99 which implies that the stock is in overbought territory.
Over the week, QUBT’s stock price is moving 8.18% up while it is 357.69% when we observe its performance for the past one month. Year-to-date it is 421.30% up and over the past year, the stock is showing an upside performance of 542.29%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.09 beat the consensus estimate of -0.1 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.25. In next quarter, company is expected to be making quarterly sales of $300k as analysts are expecting the sales for current fiscal year at $500k and seeing the company making $1.5M 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 22.25% of that held by the insiders while 3.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -32.24% and return on equity (ROE) at -31.13%. Stock’s beta reads 2.01. Stock has a price to book (P/B) ratio of 7.44 while price to sale or P/S ratio amounts to 1442.87. Its return on asset (ROA) is -27.57% on average.
