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
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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).