Quantum Computing Inc (NASDAQ: QUBT)’s 54.43-Percent Gain Of This Past Week Taught Us Something New

Quantum Computing Inc (NASDAQ:QUBT)’s traded shares stood at 38.99 million during the last session, with the company’s beta value hitting 2.95. At the close of trading, the stock’s price was $8.37, to imply a decrease of -3.01% or -$0.26 in intraday trading. The QUBT share’s 52-week high remains $27.15, putting it -224.37% down since that peak but still an impressive 95.82% since price per share fell to its 52-week low of $0.35. The company has a valuation of $1.15B, with an average of 31.21 million shares in intraday trading volume over the past 10 days and average of 30.84 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Quantum Computing Inc (QUBT), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give QUBT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.

Quantum Computing Inc (NASDAQ:QUBT) trade information

After registering a -3.01% downside in the last session, Quantum Computing Inc (QUBT) has traded red over the past five days. The 5-day price performance for the stock is 54.43%, and 13.41% over 30 days. With these gigs, the year-to-date price performance is -49.43%. Short interest in Quantum Computing Inc (NASDAQ:QUBT) saw shorts transact 19.51 million shares and set a 1.35 days time to cover.

QUBT Dividends

Quantum Computing Inc has its next earnings report out on 2024-Nov-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Quantum Computing Inc insiders hold 19.40% of total outstanding shares, with institutional holders owning 16.46% of the shares at 20.42% float percentage. In total, 16.46% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 2.23 million shares (or 2.7036% of shares), all amounting to roughly $1.12 million.

The next major institution holding the largest number of shares is GEODE CAPITAL MANAGEMENT, LLC with 0.62 million shares, or about 0.7538% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.31 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Quantum Computing Inc (QUBT) shares. Going by data provided on Dec 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 3.0 shares. This is just over 10.34% of the total shares, with a market valuation of $25.14 million. Data from the same date shows that the other fund manager holds a little less at 1.05, or 3.63% of the shares, all valued at about 8.82 million.