Quantum Computing Inc (NASDAQ:QUBT) currently has a daily average trading volume of 16.04M but it saw 22043543 shares traded in last market. With a market cap of 1.30B USD, the company’s current market price of $9.24 came rising about 3.47 while comparing to the previous closing price of $8.93. 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 $7.45, while its current price level is -65.97% below from 52-week high level whereas it is 2503.55% 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 $7.18 while that of 200 days or SMA-200 reads an average of $5.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.05% during that period while stretching the period over a month that increases to 8.26%. 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 65.65 which implies that the stock is in neutral territory.
Over the week, QUBT’s stock price is moving 9.48% up while it is 35.29% when we observe its performance for the past one month. Year-to-date it is -44.17% down and over the past year, the stock is showing an upside performance of 1123.68%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.07 while estimate for next year EPS is -0.26. In next quarter, company is expected to be making quarterly sales of $200k as analysts are expecting the sales for current fiscal year at $700k and seeing the company making $1.5M in sales next year. Moreover, analysts are in estimates of $100k for current-quarter revenue.
Currently, Quantum Computing Inc’s total number of outstanding shares is 129.01M with 17.80% of that held by the insiders while 14.75% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -63.19% and return on equity (ROE) at -77.89%. Stock’s beta reads 3.72. Stock has a price to book (P/B) ratio of 11.11 while price to sale or P/S ratio amounts to 3515.88. Its return on asset (ROA) is -60.15% on average.