During the last session, IonQ Inc (NYSE:IONQ)’s traded shares were 16.53 million, with the beta value of the company hitting 2.52. At the end of the trading day, the stock’s price was $20.48, reflecting an intraday loss of -9.50% or -$2.15. The 52-week high for the IONQ share is $54.74, that puts it down -167.29 from that peak though still a striking 69.63% gain since the share price plummeted to a 52-week low of $6.22. The company’s market capitalization is $4.56B, and the average trade volume was 26.27 million shares over the past three months.
IonQ Inc (IONQ) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.50. IONQ has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
IonQ Inc (NYSE:IONQ) trade information
IonQ Inc (IONQ) registered a -9.50% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -9.50% in intraday trading to $20.48, hitting a weekly high. The stock’s 5-day price performance is -17.78%, and it has moved by -51.08% in 30 days. Based on these gigs, the overall price performance for the year is 102.97%.
The consensus price target of analysts on Wall Street is $20, which implies a decrease of -2.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $22 respectively. As a result, IONQ is trading at a discount of -7.42% off the target high and 12.11% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -85.81%. While earnings are projected to return 30.34% in 2025, the next five years will return 14.65% per annum.
IONQ Dividends
IonQ Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 14.16 million shares, is of BLACKROCK INC.’s that is approximately 6.8029% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $99.55 million.
