Ideas And Forecasts On Quantum Computing Inc (NASDAQ: QUBT)

Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 29.66M but it saw 121379844 shares traded in last market. With a market cap of 1.82B USD, the company’s current market price of $15.14 came falling about -41.04 while comparing to the previous closing price of $25.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.15 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $13.5701 while lowest mark touched by it was $21.99.

Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $8.84, while its current price level is -44.24% below from 52-week high level whereas it is 4165.99% 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 $4.42 while that of 200 days or SMA-200 reads an average of $1.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 51.36% during that period while stretching the period over a month that decreases to 31.74%. 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 61.12 which implies that the stock is in neutral territory.

Over the week, QUBT’s stock price is moving 138.05% up while it is 496.06% when we observe its performance for the past one month. Year-to-date it is 1558.09% up and over the past year, the stock is showing an upside performance of 1544.22%.

Currently, Quantum Computing Inc’s total number of outstanding shares is 120.48M. Company’s return on investment (ROI) stands at -32.24% and return on equity (ROE) at -31.13%. Stock’s beta reads 2.51. Stock has a price to book (P/B) ratio of 23.65 while price to sale or P/S ratio amounts to 4677.27. Its return on asset (ROA) is -27.57% on average.