Quantum Computing Inc (QUBT): Uncovering A True Diamond In The Rough

Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 20.71M but it saw 17107408 shares traded in last market. With a market cap of 751.86M USD, the company’s current market price of $6.36 came falling about -0.62 while comparing to the previous closing price of $6.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.20 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $6.33 while lowest mark touched by it was $7.0999.

Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $5.87, while its current price level is -30.87% below from 52-week high level whereas it is 1692.05% 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 $2.99 while that of 200 days or SMA-200 reads an average of $1.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.65% during that period while stretching the period over a month that increases to 32.01%. 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 58.36 which implies that the stock is in neutral territory.

Over the week, QUBT’s stock price is moving -12.40% down while it is 360.87% when we observe its performance for the past one month. Year-to-date it is 596.53% up and over the past year, the stock is showing an upside performance of 681.33%.

Currently, Quantum Computing Inc’s total number of outstanding shares is 94.42M. Company’s return on investment (ROI) stands at -32.24% and return on equity (ROE) at -31.13%. Stock’s beta reads 3.13. Stock has a price to book (P/B) ratio of 9.94 while price to sale or P/S ratio amounts to 1927.85. Its return on asset (ROA) is -27.57% on average.