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Positives for IonQ Inc (IONQ) as stock gains in recent trading

IonQ Inc (NYSE: IONQ) is -45.70% lower on its value in year-to-date trading and has touched a low of $6.22 and a high of $54.74 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 IONQ stock was last observed hovering at around $24.93 in the last trading session, with the day’s loss setting it -2.25%.

Currently trading at $22.68, the stock is -9.62% and -32.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.65 million and changing -9.03% at the moment leaves the stock 13.89% off its SMA200. IONQ registered 146.52% gain for a year compared to 6-month gain of 192.27%. The firm has a 50-day simple moving average (SMA 50) of $33.7824 and a 200-day simple moving average (SMA200) of $19.9133.

The stock witnessed a -39.46% loss in the last 1 month and extending the period to 3 months gives it a -24.37%, and is 21.28% 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 10.32% over the week and 10.30% over the month.

IonQ Inc (IONQ) has around 407 employees, a market worth around $5.05B and $43.07M in sales. Profit margin for the company is -769.96%. Distance from 52-week low is 264.63% and -58.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-83.28%).

with sales reaching $7.51M over the same period.The EPS is expected to grow by 26.28% this year, but quarterly earnings will post 98.31% year-over-year. Quarterly sales are estimated to shrink -0.96% in year-over-year returns.

IonQ Inc (IONQ) Top Institutional Holders

479.0 institutions hold shares in IonQ Inc (IONQ), with institutional investors hold 40.95% of the company’s shares. The shares outstanding are 221.92M, and float is at 204.50M with Short Float at 11.41%. Institutions hold 37.45% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.31 million shares valued at $142.76 million. The investor’s holdings represent 9.7558% of the IONQ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.16 million shares valued at $99.55 million to account for 6.8029 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 4.22 million shares representing 2.0277% and valued at over $29.68 million, while STATE STREET CORP holds 2.0106 of the shares totaling 4.19 million with a market value of $29.42 million.

IonQ Inc (IONQ) Insider Activity

The most recent transaction is an insider sale by Alameddine Rima, the company’s Chief Revenue Officer. SEC filings show that Alameddine Rima sold 20,047 shares of the company’s common stock on Mar 11 ’25 at a price of $18.57 per share for a total of $0.37 million. Following the sale, the insider now owns 0.57 million shares.

IonQ Inc disclosed in a document filed with the SEC on Mar 11 ’25 that Chapman Peter Hume (Executive Chair) sold a total of 12,069 shares of the company’s common stock. The trade occurred on Mar 11 ’25 and was made at $18.57 per share for $0.22 million. Following the transaction, the insider now directly holds 0.4 million shares of the IONQ stock.

Still, SEC filings show that on Mar 11 ’25, Kramer Thomas G. (Chief Financial Officer) disposed off 11,712 shares at an average price of $18.57 for $0.22 million. The insider now directly holds 944,510 shares of IonQ Inc (IONQ).

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