Buy, Sell Or Hold Quantum Computing Inc (NASDAQ:QUBT) At $0.77?

In last trading session, Quantum Computing Inc (NASDAQ:QUBT) saw 0.73 million shares changing hands with its beta currently measuring 1.76. Company’s recent per share price level of $0.77 trading at $0.0 or -0.29% at ring of the bell on the day assigns it a market valuation of $70.15M. That closing price of QUBT’s stock is at a discount of -135.06% from its 52-week high price of $1.81 and is indicating a premium of 18.18% from its 52-week low price of $0.63. Taking a look at company’s average trading volume volume of 1.74 million if we extend that period to 3-months.

Quantum Computing Inc (NASDAQ:QUBT) trade information

Upright in the red during last session for losing -0.29%, in the last five days QUBT remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $0.77 price level, adding 5.98% to its value on the day. Quantum Computing Inc’s shares saw a change of -15.91% in year-to-date performance and have moved 2.05% in past 5-day. Quantum Computing Inc (NASDAQ:QUBT) showed a performance of -20.85% in past 30-days.

Quantum Computing Inc (QUBT) estimates and forecasts

This year revenue growth is estimated to rise 196.30% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 100k for the same. And 1 analysts are in estimates of company making revenue of 100k in the next quarter. Company posted 2k and 120k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 29.63% during past 5 years.

QUBT Dividends

Quantum Computing Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.