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

Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 51.12M but it saw 15466529 shares traded in last market. With a market cap of 1.35B USD, the company’s current market price of $9.87 came rising about 0.20 while comparing to the previous closing price of $9.85. 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 $9.4 while lowest mark touched by it was $10.1.

Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $10.38, while its current price level is -63.65% below from 52-week high level whereas it is 2681.07% 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 $11.28 while that of 200 days or SMA-200 reads an average of $3.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.26% during that period while stretching the period over a month that increases to 17.86%. 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 45.74 which implies that the stock is in neutral territory.

Over the week, QUBT’s stock price is moving -2.57% down while it is -43.60% when we observe its performance for the past one month. Year-to-date it is -40.36% down and over the past year, the stock is showing an upside performance of 1149.37%.

Currently, Quantum Computing Inc’s total number of outstanding shares is 137.18M. Company’s return on investment (ROI) stands at -32.24% and return on equity (ROE) at -31.13%. Stock’s beta reads 3.19. Stock has a price to book (P/B) ratio of 15.42 while price to sale or P/S ratio amounts to 3471.60. Its return on asset (ROA) is -27.57% on average.