Quantum Computing Inc (NASDAQ: QUBT) is -67.19% lower 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 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 $6.07 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $5.43, the stock is -31.44% and -52.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.42 million and changing -10.47% at the moment leaves the stock 34.91% off its SMA200. QUBT registered 543.90% gain for a year compared to 6-month gain of 791.63%.
The stock witnessed a -45.70% loss in the last 1 month and extending the period to 3 months gives it a -18.35%, and is -20.85% 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 11.33% over the week and 10.48% over the month.
Quantum Computing Inc (QUBT) has around 39 employees, a market worth around $744.86M and $0.39M in sales. Profit margin for the company is -6158.80%. Distance from 52-week low is 1430.01% and -80.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.24%).
with sales reaching $200k over the same period.The EPS is expected to grow by 34.21% this year, but quarterly earnings will post 39.65% year-over-year. Quarterly sales are estimated to grow 167.06% in year-over-year returns.
Quantum Computing Inc (QUBT) Top Institutional Holders
The shares outstanding are 137.18M, and float is at 111.31M with Short Float at 18.17%.
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
A total of 0 insider transactions have happened at Quantum Computing Inc (QUBT) in the last six months, with sales accounting for 0 and purchases happening 0 times.
