In the last trading session, 46.26 million shares of the Quantum Computing Inc (NASDAQ:QUBT) were traded, and its beta was 3.02. Most recently the company’s share price was $18.35, and it changed around -$0.89 or -4.63% from the last close, which brings the market valuation of the company to $2.26B. QUBT currently trades at a discount to its 52-week high of $27.15, offering almost -47.96% off that amount. The share price’s 52-week low was $0.35, which indicates that the current value has risen by an impressive 98.09% since then. We note from Quantum Computing Inc’s average daily trading volume that its 10-day average is 98.11 million shares, with the 3-month average coming to 36.06 million.
Quantum Computing Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended QUBT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
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Quantum Computing Inc (NASDAQ:QUBT) trade information
Instantly QUBT has showed a red trend with a performance of -4.63% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 21.75 on recent trading dayincreased the stock’s daily price by 15.63%. The company’s shares are currently up 1909.64% year-to-date, but still up 21.20% over the last five days. On the other hand, Quantum Computing Inc (NASDAQ:QUBT) is 175.94% up in the 30-day period. We can see from the shorts that 12.99 million shares have been sold at a short interest cover period of 0.23 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 28.40%.
QUBT Dividends
Quantum Computing Inc’s next quarterly earnings report is expected to be released in January.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 21.84% of Quantum Computing Inc shares, and 3.33% of them are in the hands of institutional investors. The stock currently has a share float of 4.25%. Quantum Computing Inc stock is held by 36.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 2.7036% of the shares, which is about 2.23 million shares worth $1.12 million.
GEODE CAPITAL MANAGEMENT, LLC, with 0.7538% or 0.62 million shares worth $0.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
