Daily Market Movement: Quantum Computing Inc (QUBT) Sees a 92.75 Increase, Closing at 2.66

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The closing price of Quantum Computing Inc (NASDAQ: QUBT) was $2.66 for the day, up 92.75% from the previous closing price of $1.38. In other words, the price has increased by $92.75 from its previous closing price. On the day, 95.23 million shares were traded. QUBT stock price reached its highest trading level at $3.42 during the session, while it also had its lowest trading level at $1.41.

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 263570080 and an Enterprise Value of 268317024. For the stock, the TTM Price-to-Sale (P/S) ratio is 675.82 while its Price-to-Book (P/B) ratio in mrq is 4.16. Its current Enterprise Value per Revenue stands at 695.122 whereas that against EBITDA is -13.242.

Stock Price History:

Over the past 52 weeks, QUBT has reached a high of $1.65, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 195.01%, while the 200-Day Moving Average is calculated to be 234.73%.

Shares Statistics:

QUBT traded an average of 1.55M shares per day over the past three months and 4087370 shares per day over the past ten days. A total of 77.45M shares are outstanding, with a floating share count of 72.25M. Insiders hold about 27.09% of the company’s shares, while institutions hold 4.18% stake in the company. Shares short for QUBT as of 1730332800 were 4360791 with a Short Ratio of 2.81, compared to 1727654400 on 2943922. Therefore, it implies a Short% of Shares Outstanding of 4360791 and a Short% of Float of 6.2700000000000005.

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