IonQ Inc (NYSE:IONQ) currently has a daily average trading volume of 16.38M but it saw 43736864 shares traded in last market. With a market cap of 7.09B USD, the company’s current market price of $32.78 came rising about 13.58 while comparing to the previous closing price of $28.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.50 and as low as $6.22. In the recent trading on the day, stock has struck highest price mark of $28.48 while lowest mark touched by it was $33.8013.
Taking a look at 20-day trading activity of IonQ Inc (IONQ) gives us an average price of $21.73, while its current price level is 7.48% below from 52-week high level whereas it is 427.01% 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 $14.73 while that of 200 days or SMA-200 reads an average of $10.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.86% during that period while stretching the period over a month that decreases to 14.45%. 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 75.67 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Craig Hallum which reiterated the stock as “Buy” in its note to investors issued on August 11, 2023, recommending a price target of between $12 and $21 for it. Needham issued its recommendations for the stock as it initiated the price target for the stock is $9.
Over the week, IONQ’s stock price is moving 25.31% up while it is 122.39% when we observe its performance for the past one month. Year-to-date it is 164.57% up and over the past year, the stock is showing an upside performance of 166.72%.
Currently, IonQ Inc’s total number of outstanding shares is 206.61M with 9.84% of that held by the insiders while 36.89% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -38.05% and return on equity (ROE) at -36.73%. Stock’s beta reads 2.11. Stock has a price to book (P/B) ratio of 16.25 while price to sale or P/S ratio amounts to 189.31. Its return on asset (ROA) is -32.27% on average.
