Quantum Computing Inc (NASDAQ:QUBT) has a beta value of 1.63 and has seen 1.9 million shares traded in the last trading session. The company, currently valued at $108.47M, closed the last trade at $1.13 per share which meant it gained $0.01 on the day or 0.89% during that session. The QUBT stock price is -46.02% off its 52-week high price of $1.65 and 69.03% above the 52-week low of $0.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.44 million shares traded. The 3-month trading volume is 1.14 million shares.
The consensus among analysts is that Quantum Computing Inc (QUBT) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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Quantum Computing Inc (NASDAQ:QUBT) trade information
Sporting 0.89% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the QUBT stock price touched $1.13 or saw a rise of 31.52%. Year-to-date, Quantum Computing Inc shares have moved 23.75%, while the 5-day performance has seen it change 3.67%. Over the past 30 days, the shares of Quantum Computing Inc (NASDAQ:QUBT) have changed 69.54%. Short interest in the company has seen 2.96 million shares shorted with days to cover at 6.95.
Quantum Computing Inc (QUBT) estimates and forecasts
The company’s shares have gained 47.17% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 28.40% over the past 5 years.
QUBT Dividends
Quantum Computing Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
Insiders own 27.67% of the company shares, while shares held by institutions stand at 4.24% with a share float percentage of 5.86%. Investors are also buoyed by the number of investors in a company, with Quantum Computing Inc having a total of 45.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 2.23 million shares worth more than $1.12 million. As of 2024-06-30, VANGUARD GROUP INC held 2.7036% of shares outstanding.
The other major institutional holder is GEODE CAPITAL MANAGEMENT, LLC, with the holding of over 0.62 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.31 million and represent 0.7538% of shares outstanding.