Putting The Spotlight On Quantum Computing Inc (QUBT)

Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 38.14M but it saw 9551234 shares traded in last market. With a market cap of 724.28M USD, the company’s current market price of $5.28 came rising about 0.38 while comparing to the previous closing price of $5.26. 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.

Taking a look at 20-day trading activity of Quantum Computing Inc (QUBT) gives us an average price of $7.46, while its current price level is -80.55% below from 52-week high level whereas it is 1387.74% 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 $10.84 while that of 200 days or SMA-200 reads an average of $4.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.15% during that period while stretching the period over a month that decreases to 10.13%. 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 31.34 which implies that the stock is in neutral territory.

Over the week, QUBT’s stock price is moving -22.92% down while it is -46.93% when we observe its performance for the past one month. Year-to-date it is -68.10% down and over the past year, the stock is showing an upside performance of 519.43%.

The company is expected to be releasing its next quarterly report in April, 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 15.64% 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 3.25. Stock has a price to book (P/B) ratio of 8.25 while price to sale or P/S ratio amounts to 1857.14. Its return on asset (ROA) is -27.57% on average.