In recent trading session, Quantum Computing Inc (NASDAQ:QUBT) saw 1.46 million shares changing hands at last check today with its beta currently measuring 1.74. Company’s recent per share price level of $0.82 trading at $0.06 or 7.74% at last check today assigns it a market valuation of $74.80M. That most recent trading price of QUBT’s stock is at a discount of -60.98% from its 52-week high price of $1.32 and is indicating a premium of 57.32% from its 52-week low price of $0.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.48 million shares which gives us an average trading volume of 496.40K if we extend that period to 3-months.
For Quantum Computing Inc (QUBT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
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Quantum Computing Inc (NASDAQ:QUBT) trade information
Upright in the green today for gaining 7.74%, in the last five days QUBT remained trading in the green while hitting it’s week-highest on Thursday, 10/17/24 when the stock touched $0.82 price level, subtracting -6.42% to its value on the day. Quantum Computing Inc’s shares saw a change of -10.33% in year-to-date performance and have moved 24.10% in past 5-day. Quantum Computing Inc (NASDAQ:QUBT) showed a performance of 22.89% in past 30-days. Number of shares sold short was 2.94 million shares which calculate 6.95 days to cover the short interests.
Quantum Computing Inc (QUBT) estimates and forecasts
This year revenue growth is estimated to rise 179.30% 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 300k for the same. And 1 analysts are in estimates of company making revenue of 400k in the next quarter. Company posted 50k and 75k 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 28.40% during past 5 years.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
Insiders are in possession of 28.82% of company’s total shares while institution are holding 4.44 percent of that, with stock having share float percentage of 6.24%. Investors also watch the number of corporate investors in a company very closely, which is 4.44% institutions for Quantum Computing Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at QUBT for having 2.23 million shares of worth $1.12 million. And as of 2024-06-30, it was holding 2.7036 of the company’s outstanding shares.
The second largest institutional holder is GEODE CAPITAL MANAGEMENT, LLC, which was holding about 0.62 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.7538 of outstanding shares, having a total worth of $0.31 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 1.53 shares of worth $1.22 million or 5.28% of the total outstanding shares. The later fund manager was in possession of 695.63 shares on Jun 30, 2024 , making its stake of worth around $0.55 million in the company or a holder of 2.39% of company’s stock.
