Quantum Computing Inc (NASDAQ:QUBT)’s traded shares stood at 1.87 million during the last session, with the company’s beta value hitting 1.71. At the close of trading, the stock’s price was $1.10, to imply an increase of 5.77% or $0.06 in intraday trading. The QUBT share’s 52-week high remains $1.32, putting it -20.0% down since that peak but still an impressive 68.18% since price per share fell to its 52-week low of $0.35. The company has a valuation of $104.65M, with an average of 2.49 million shares in intraday trading volume over the past 10 days and average of 764.63K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Quantum Computing Inc (QUBT), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give QUBT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
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Quantum Computing Inc (NASDAQ:QUBT) trade information
After registering a 5.77% upside in the last session, Quantum Computing Inc (QUBT) has traded red over the past five days. The 5-day price performance for the stock is 26.44%, and 66.79% over 30 days. With these gigs, the year-to-date price performance is 20.47%. Short interest in Quantum Computing Inc (NASDAQ:QUBT) saw shorts transact 2.94 million shares and set a 6.95 days time to cover.
Quantum Computing Inc (QUBT) estimates and forecasts
The rating firms project that company’s revenue will grow 179.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 300k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 400k.Earnings reports from the last fiscal year show that sales brought in 50k and 75k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 500.00% before jumping 433.30% in the following quarter.
QUBT Dividends
Quantum Computing Inc has its next earnings report out on 2024-Oct-02. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
Quantum Computing Inc insiders hold 28.82% of total outstanding shares, with institutional holders owning 4.42% of the shares at 6.21% float percentage. In total, 4.42% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 2.23 million shares (or 2.7036% of shares), all amounting to roughly $1.12 million.
The next major institution holding the largest number of shares is GEODE CAPITAL MANAGEMENT, LLC with 0.62 million shares, or about 0.7538% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.31 million.
