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Is Quantum Computing Inc (QUBT) a good stock to buy now?

Quantum Computing Inc (NASDAQ: QUBT) is -31.00% lower on its value in year-to-date trading and has touched a low of $0.63 and a high of $1.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QUBT stock was last observed hovering at around $0.64 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $0.63, the stock is -14.19% and -20.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -1.56% at the moment leaves the stock -29.88% off its SMA200. QUBT registered -60.13% loss for a year compared to 6-month loss of -20.78%.

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The stock witnessed a -17.09% gain in the last 1 month and extending the period to 3 months gives it a -33.68%, and is -10.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.14% over the week and 6.66% over the month.

Quantum Computing Inc (QUBT) has around 39 employees, a market worth around $57.56M and $0.36M in sales. Profit margin for the company is -8303.54%. Distance from 52-week low is -0.16% and -65.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.12%).

The EPS is expected to grow by 18.42% this year.

Quantum Computing Inc (QUBT) Top Institutional Holders

The shares outstanding are 77.45M, and float is at 65.30M with Short Float at 5.40%.

Quantum Computing Inc (QUBT) Insider Activity

The most recent transaction is an insider sale by Liscouski Robert,the company’sPresident, CEO. SEC filings show that Liscouski Robert sold 15,000 shares of the company’s common stock on Sep 27 ’23 at a price of $1.10 per share for a total of $16500.0. Following the sale, the insider now owns 0.9 million shares.

Quantum Computing Inc disclosed in a document filed with the SEC on Aug 25 ’23 that Liscouski Robert (President, CEO) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Aug 25 ’23 and was made at $1.22 per share for $18300.0. Following the transaction, the insider now directly holds 0.91 million shares of the QUBT stock.

Still, SEC filings show that on Jul 28 ’23, Liscouski Robert (President, CEO) disposed off 15,000 shares at an average price of $1.22 for $18300.0. The insider now directly holds 926,055 shares of Quantum Computing Inc (QUBT).

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