Quantum Computing Inc (NASDAQ: QUBT) is -55.71% 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 $8.01 in the last trading session, with the day’s loss setting it -0.68%.
Currently trading at $7.33, the stock is 8.15% and 7.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.98 million and changing -8.49% at the moment leaves the stock 35.94% off its SMA200. QUBT registered 870.35% gain for a year compared to 6-month gain of 486.40%.
The stock witnessed a -3.17% loss in the last 1 month and extending the period to 3 months gives it a -26.33%, and is 2.81% 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 7.50% over the week and 9.91% over the month.
Quantum Computing Inc (QUBT) has around 41 employees, a market worth around $1.01B and $0.37M in sales. Profit margin for the company is -18375.87%. Distance from 52-week low is 1965.37% and -73.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-63.19%).
The EPS is expected to grow by 64.38% this year.
Quantum Computing Inc (QUBT) Top Institutional Holders
The shares outstanding are 129.01M, and float is at 111.79M with Short Float at 18.58%.
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 2.3836% 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 0.6646 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.29 million shares representing 0.3134% and valued at over $0.15 million, while STATE STREET CORP holds 0.2186 of the shares totaling 0.2 million with a market value of $0.1 million.
Quantum Computing Inc (QUBT) Insider Activity
The most recent transaction is an insider sale by Huang Yuping, the company’s Chief Quantum Officer. SEC filings show that Huang Yuping sold 200,000 shares of the company’s common stock on Mar 25 ’25 at a price of $8.48 per share for a total of $1.7 million. Following the sale, the insider now owns 24.05 million shares.
