Will Quantum Computing Inc (QUBT) benefit from Wall Street bulls Calls?

Quantum Computing Inc (NASDAQ: QUBT) is -25.08% 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 $11.80 in the last trading session, with the day’s gains setting it 0.6%.

Currently trading at $12.40, the stock is 16.36% and 44.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.37 million and changing 5.08% at the moment leaves the stock 93.95% off its SMA200. QUBT registered 1622.22% gain for a year compared to 6-month gain of 83.70%. The firm has a 50-day simple moving average (SMA 50) of $8.4597 and a 200-day simple moving average (SMA200) of $6.334365.

The stock witnessed a 54.81% loss in the last 1 month and extending the period to 3 months gives it a 135.74%, and is -4.62% 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 6.68% over the week and 10.06% over the month.

Quantum Computing Inc (QUBT) has around 41 employees, a market worth around $1.75B and $0.39M in sales. Profit margin for the company is -11720.52%. Distance from 52-week low is 3393.94% and -54.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.34%).

The EPS is expected to grow by 64.38% this year.

Quantum Computing Inc (QUBT) Top Institutional Holders

198.0 institutions hold shares in Quantum Computing Inc (QUBT), with institutional investors hold 19.27% of the company’s shares. The shares outstanding are 137.32M, and float is at 113.63M with Short Float at 23.07%. Institutions hold 15.63% of the Float.

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

#####

Still, SEC filings show that on May 19 ’25, Huang Yuping (Chief Quantum Officer) disposed off 500,000 shares at an average price of $11.70 for $5.85 million. The insider now directly holds 21,236,906 shares of Quantum Computing Inc (QUBT).

Related Posts

News RTS
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.