In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
D-Wave Quantum Inc (NYSE: QBTS) closed the day trading at $16.53 down -2.36% from the previous closing price of $16.93. In other words, the price has decreased by -$2.36 from its previous closing price. On the day, 86.1 million shares were traded.
Ratios:
For a better understanding of QBTS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.61 and its Current Ratio is at 20.73. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on July 25, 2024, initiated with a Buy rating and assigned the stock a target price of $3.
On April 08, 2024, Needham started tracking the stock assigning a Buy rating and target price of $2.50.
On October 19, 2022, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $12.Piper Sandler initiated its Overweight rating on October 19, 2022, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 23 ’25 when Nguyen Diane sold 85,762 shares for $18.77 per share. The transaction valued at 1,610,054 led to the insider holds 590,323 shares of the business.
Biscay Roger sold 96,521 shares of QBTS for $1,723,769 on May 22 ’25. The Director now owns 106,626 shares after completing the transaction at $17.86 per share. On May 21 ’25, another insider, Biscay Roger, who serves as the Director of the company, sold 15,675 shares for $16.58 each. As a result, the insider received 259,939 and left with 203,147 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 240.11 while its Price-to-Book (P/B) ratio in mrq is 23.22.
Stock Price History:
Over the past 52 weeks, QBTS has reached a high of $19.76, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 50.65%, while the 200-Day Moving Average is calculated to be 182.97%.
Shares Statistics:
A total of 310.27M shares are outstanding, with a floating share count of 293.34M. Insiders hold about 5.46% of the company’s shares, while institutions hold 29.31% stake in the company.
