Quantum Computing Inc (NASDAQ: QUBT) is -45.02% 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 $8.59 in the last trading session, with the day’s gains setting it 0.51%.
Currently trading at $9.10, the stock is 27.88% and 30.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.09 million and changing 5.94% at the moment leaves the stock 63.17% off its SMA200. QUBT registered 1097.37% gain for a year compared to 6-month gain of 742.59%.
The stock witnessed a 32.85% loss in the last 1 month and extending the period to 3 months gives it a 4.48%, and is 24.15% 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 9.31% over the week and 8.41% over the month.
Quantum Computing Inc (QUBT) has around 41 employees, a market worth around $1.25B and $0.37M in sales. Profit margin for the company is -18375.87%. Distance from 52-week low is 2464.10% and -66.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-63.19%).
with sales reaching $100k over the same period.The EPS is expected to grow by 64.38% this year, but quarterly earnings will post 87.67% year-over-year. Quarterly sales are estimated to grow 265.90% in year-over-year returns.
Quantum Computing Inc (QUBT) Top Institutional Holders
The shares outstanding are 129.01M, and float is at 109.85M with Short Float at 19.61%.
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.
