Quantum BioPharma Ltd (NASDAQ: QNTM) is 294.02% higher on its value in year-to-date trading and has touched a low of $2.70 and a high of $70.85 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 QNTM stock was last observed hovering at around $8.58 in the last trading session, with the day’s gains setting it 5.92%.
Currently trading at $14.50, the stock is 239.18% and 246.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.56 million and changing 69.00% at the moment leaves the stock 64.01% off its SMA200. QNTM registered -72.46% loss for a year compared to 6-month loss of 161.52%. The firm has a 50-day simple moving average (SMA 50) of $3.9918 and a 200-day simple moving average (SMA200) of $8.921155.
The stock witnessed a 277.60% gain in the last 1 month and extending the period to 3 months gives it a 213.85%, and is 380.13% up 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 43.65% over the week and 17.35% over the month.
Distance from 52-week low is 437.04% and -79.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-64.42%).
The EPS is expected to grow by 89.06% this year
The shares outstanding are 1.86M, and float is at 1.59M with Short Float at 2.57%.
