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

Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 44.80M but it saw 106087779 shares traded in last market. With a market cap of 1.40B USD, the company’s current market price of $10.88 came falling about -5.80 while comparing to the previous closing price of $11.55. 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 $10.22 while lowest mark touched by it was $12.7.

Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $15.52, while its current price level is -59.93% below from 52-week high level whereas it is 2965.65% 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 $9.14 while that of 200 days or SMA-200 reads an average of $2.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.07% during that period while stretching the period over a month that increases to 30.30%. 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 47.65 which implies that the stock is in neutral territory.

Over the week, QUBT’s stock price is moving 9.79% up while it is 62.27% when we observe its performance for the past one month. Year-to-date it is -34.26% down and over the past year, the stock is showing an upside performance of 1322.41%.

Currently, Quantum Computing Inc’s total number of outstanding shares is 128.96M with 19.19% of that held by the insiders while 2.93% 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 2.80. Stock has a price to book (P/B) ratio of 17.00 while price to sale or P/S ratio amounts to 3597.73. Its return on asset (ROA) is -27.57% on average.