Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 52.14M but it saw 12785295 shares traded in last market. With a market cap of 1.14B USD, the company’s current market price of $8.28 came rising about 0.24 while comparing to the previous closing price of $8.26. 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 $8.03 while lowest mark touched by it was $8.56.
Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $9.88, while its current price level is -69.50% below from 52-week high level whereas it is 2233.05% 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 $11.54 while that of 200 days or SMA-200 reads an average of $3.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.78% during that period while stretching the period over a month that increases to 12.92%. 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 40.96 which implies that the stock is in neutral territory.
Over the week, QUBT’s stock price is moving -13.48% down while it is 11.44% when we observe its performance for the past one month. Year-to-date it is -49.97% down and over the past year, the stock is showing an upside performance of 883.61%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.25. In next quarter, company is expected to be making quarterly sales of $300k as analysts are expecting the sales for current fiscal year at $500k and seeing the company making $1.5M in sales next year. Moreover, analysts are in estimates of $200k for current-quarter revenue.
Currently, Quantum Computing Inc’s total number of outstanding shares is 137.18M with 19.48% of that held by the insiders while 6.52% 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 3.20. Stock has a price to book (P/B) ratio of 12.93 while price to sale or P/S ratio amounts to 2912.34. Its return on asset (ROA) is -27.57% on average.
