In the last trading session, 45.19 million Quantum Computing Inc (NASDAQ:QUBT) shares changed hands as the company’s beta touched 3.90. With the company’s per share price at $17.29 changed hands at $0.5 or 2.98% during last session, the market valuation stood at $2.44B. QUBT’s last price was a discount, traded about -57.03% off its 52-week high of $27.15. The share price had its 52-week low at $0.35, which suggests the last value was 97.98% up since then. When we look at Quantum Computing Inc’s average trading volume, we note the 10-day average is 35.06 million shares, with the 3-month average coming to 25.03 million.
Analysts gave the Quantum Computing Inc (QUBT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended QUBT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Quantum Computing Inc (NASDAQ:QUBT) trade information
Instantly QUBT was in green as seen at the end of in last trading. With action -8.42%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 2644.44%, with the 5-day performance at -8.42% in the red. However, in the 30-day time frame, Quantum Computing Inc (NASDAQ:QUBT) is 35.18% up. Looking at the short shares, we see there were 27.45 million shares sold at short interest cover period of 0.68 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.50%. The 2025 estimates are for Quantum Computing Inc earnings to increase by 90.41%.
QUBT Dividends
Quantum Computing Inc is expected to release its next quarterly earnings report on 2025-May-15.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 17.15% of Quantum Computing Inc shares while 14.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 17.26%. There are 14.30% institutions holding the Quantum Computing Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.3836% of the shares, roughly 2.23 million QUBT shares worth $1.12 million.
GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.6646% or 0.62 million shares worth $0.31 million as of 2024-06-30.
