Quantum Computing Inc (NASDAQ:QUBT) has a beta value of 3.14 and has seen 113.56 million shares traded in the last trading session. The company, currently valued at $1.38B, closed the last trade at $11.08 per share which meant it gained $4.38 on the day or 65.25% during that session. The QUBT stock price is 16.97% off its 52-week high price of $9.20 and 96.84% 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 23.73 million shares traded. The 3-month trading volume is 21.25 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 65.25% 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 $11.08 or saw a rise of 9.77%. Year-to-date, Quantum Computing Inc shares have moved 1113.45%, while the 5-day performance has seen it change 48.33%. Over the past 30 days, the shares of Quantum Computing Inc (NASDAQ:QUBT) have changed 151.82%. Short interest in the company has seen 14.6 million shares shorted with days to cover at 0.31.
Quantum Computing Inc (QUBT) estimates and forecasts
The company’s shares have gained 1656.78% 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 January 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 22.25% of the company shares, while shares held by institutions stand at 3.39% with a share float percentage of 4.36%. Investors are also buoyed by the number of investors in a company, with Quantum Computing Inc having a total of 36.0 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.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 5.28% shares in the company for having 1.53 shares of worth $17.0 million while later fund manager owns 695.63 shares of worth $7.71 million as of Sep 30, 2024 , which makes it owner of about 2.39% of company’s outstanding stock.