Quantum Computing Inc (NASDAQ: QUBT) is 9.31% higher on its value in year-to-date trading and has touched a low of $0.35 and a high of $27.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The QUBT stock was last observed hovering at around $17.50 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $18.09, the stock is 24.29% and 130.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 43.13 million and changing 3.37% at the moment leaves the stock 622.97% off its SMA200. QUBT registered 2034.01% gain for a year compared to 6-month gain of 3109.72%. The firm has a 50-day simple moving average (SMA 50) of $7.5089 and a 200-day simple moving average (SMA200) of $2.41794.
The stock witnessed a 158.06% loss in the last 1 month and extending the period to 3 months gives it a 2486.50%, and is -1.42% 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 17.11% over the week and 27.73% over the month.
Quantum Computing Inc (QUBT) has around 39 employees, a market worth around $2.18B and $0.39M in sales. Profit margin for the company is -6158.80%. Distance from 52-week low is 4997.21% and -33.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.24%).
The EPS is expected to grow by 34.21% this year.
Quantum Computing Inc (QUBT) Top Institutional Holders
37.0 institutions hold shares in Quantum Computing Inc (QUBT), with institutional investors hold 4.26% of the company’s shares. The shares outstanding are 128.96M, and float is at 101.12M with Short Float at 12.85%. Institutions hold 3.33% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.23 million shares valued at $1.12 million. The investor’s holdings represent 2.7036% of the QUBT Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.62 million shares valued at $$0.31 million to account for 0.7538 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.29 million shares representing 0.3555% and valued at over $0.15 million, while STATE STREET CORP holds 0.248 of the shares totaling 0.2 million with a market value of $0.1 million.
Quantum Computing Inc (QUBT) Insider Activity
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