Daily Market Movement: Quantum Computing Inc (QUBT) Sees a -13.64 Decrease, Closing at 6.65

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The closing price of Quantum Computing Inc (NASDAQ: QUBT) was $6.65 for the day, down -13.64% from the previous closing price of $7.70. In other words, the price has decreased by -$13.64 from its previous closing price. On the day, 45.58 million shares were traded. QUBT stock price reached its highest trading level at $7.3 during the session, while it also had its lowest trading level at $6.14.

Ratios:

Our analysis of QUBT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.12.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QUBT now has a Market Capitalization of 786149696 and an Enterprise Value of 663672064. For the stock, the TTM Price-to-Sale (P/S) ratio is 2015.77 while its Price-to-Book (P/B) ratio in mrq is 10.39. Its current Enterprise Value per Revenue stands at 1719.358 whereas that against EBITDA is -32.755.

Stock Price History:

Over the past 52 weeks, QUBT has reached a high of $9.20, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 312.78%, while the 200-Day Moving Average is calculated to be 587.91%.

Shares Statistics:

QUBT traded an average of 15.53M shares per day over the past three months and 91540570 shares per day over the past ten days. A total of 118.22M shares are outstanding, with a floating share count of 86.51M. Insiders hold about 26.82% of the company’s shares, while institutions hold 3.44% stake in the company. Shares short for QUBT as of 1731628800 were 11913200 with a Short Ratio of 0.28, compared to 1728950400 on 2960521. Therefore, it implies a Short% of Shares Outstanding of 11913200 and a Short% of Float of 15.540000000000001.

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