Why To Invest In IonQ Inc (NYSE: IONQ) Stock?

In the last trading session, 6.47 million IonQ Inc (NYSE:IONQ) shares changed hands as the company’s beta touched 2.19. With the company’s per share price at $7.53 changed hands at -$0.5 or -6.23% during last session, the market valuation stood at $1.57B. IONQ’s last price was a discount, traded about -186.85% off its 52-week high of $21.60. The share price had its 52-week low at $5.29, which suggests the last value was 29.75% up since then. When we look at IonQ Inc’s average trading volume, we note the 3-month average coming to 6.96 million.

IonQ Inc (NYSE:IONQ) trade information

Instantly IONQ was in red as seen at the end of in last trading. With action -10.04%, the performance over the past five days has been red. The drop to weekly highs of 8.61 subtracted -6.23% to the stock’s daily price. The company’s shares are showing year-to-date downside of -39.23%, with the 5-day performance at -10.04% in the red. However, in the 30-day time frame, IonQ Inc (NYSE:IONQ) is -18.15% down.

IonQ Inc (IONQ) estimates and forecasts

Data shows that the IonQ Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -50.49% over the past 6 months, a -58.97% in annual growth rate that is considerably lower than the industry average of -9.70%.

The 2024 estimates are for IonQ Inc earnings to decrease by -35.58%, but the outlook for the next 5-year period is at 20.00% per year.

IONQ Dividends

IonQ Inc is expected to release its next quarterly earnings report in May.