The Time To Buy Quantum Computing Inc (NASDAQ: QUBT) Is Now

During the last session, Quantum Computing Inc (NASDAQ:QUBT)’s traded shares were 32.62 million, with the beta value of the company hitting 2.75. At the end of the trading day, the stock’s price was $11.10, reflecting an intraday loss of -3.39% or -$0.39. The 52-week high for the QUBT share is $27.15, that puts it down -144.59 from that peak though still a striking 96.85% gain since the share price plummeted to a 52-week low of $0.35. The company’s market capitalization is $1.43B, and the average intraday trading volume over the past 10 days was 57.04 million shares, and the average trade volume was 48.44 million shares over the past three months.

Quantum Computing Inc (QUBT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. QUBT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

Quantum Computing Inc (NASDAQ:QUBT) trade information

Quantum Computing Inc (QUBT) registered a -3.39% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.39% in intraday trading to $11.10, hitting a weekly high. The stock’s 5-day price performance is 49.39%, and it has moved by -56.78% in 30 days. Based on these gigs, the overall price performance for the year is 1237.35%. The short interest in Quantum Computing Inc (NASDAQ:QUBT) is 16.07 million shares and it means that shorts have 0.27 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 28.40%. While earnings are projected to return 34.21% in 2025.

QUBT Dividends

Quantum Computing Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Quantum Computing Inc (NASDAQ:QUBT)’s Major holders

Quantum Computing Inc insiders own 20.40% of total outstanding shares while institutional holders control 3.23%, with the float percentage being 4.06%. VANGUARD GROUP INC is the largest shareholder of the company, while 51.0 institutions own stock in it. As of 2024-06-30, the company held over 2.23 million shares (or 2.7036% of all shares), a total value of $1.12 million in shares.

The next largest institutional holding, with 0.62 million shares, is of GEODE CAPITAL MANAGEMENT, LLC’s that is approximately 0.7538% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.31 million.