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The closing price of IonQ Inc (NYSE: IONQ) was $32.97 for the day, down -3.71% from the previous closing price of $34.24. In other words, the price has decreased by -$3.71 from its previous closing price. On the day, 24.77 million shares were traded. IONQ stock price reached its highest trading level at $36.7485 during the session, while it also had its lowest trading level at $32.625.
Ratios:
Our analysis of IONQ’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.68 and its Current Ratio is at 12.23. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Craig Hallum on August 11, 2023, Reiterated its Buy rating but revised its target price to $21 from $12 previously.
On April 26, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $7.
On June 08, 2022, Needham started tracking the stock assigning a Buy rating and target price of $9.Needham initiated its Buy rating on June 08, 2022, with a $9 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 11 ’24 when Chapman Peter Hume bought 14,560 shares for $35.95 per share.
Alameddine Rima bought 24,050 shares of IONQ for $864,598 on Dec 11 ’24. On Dec 11 ’24, another insider, Kramer Thomas G., who serves as the Officer of the company, bought 11,300 shares for $35.95 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IONQ now has a Market Capitalization of 7409282560 and an Enterprise Value of 6787045376. For the stock, the TTM Price-to-Sale (P/S) ratio is 190.40 while its Price-to-Book (P/B) ratio in mrq is 16.34. Its current Enterprise Value per Revenue stands at 181.138 whereas that against EBITDA is -34.869.
Stock Price History:
Over the past 52 weeks, IONQ has reached a high of $38.45, while it has fallen to a 52-week low of $6.22. The 50-Day Moving Average of the stock is 58.46%, while the 200-Day Moving Average is calculated to be 190.24%.
Shares Statistics:
IONQ traded an average of 20.75M shares per day over the past three months and 23854800 shares per day over the past ten days. A total of 215.98M shares are outstanding, with a floating share count of 186.09M. Insiders hold about 14.00% of the company’s shares, while institutions hold 35.41% stake in the company. Shares short for IONQ as of 1732838400 were 30206741 with a Short Ratio of 1.83, compared to 1730332800 on 39301690. Therefore, it implies a Short% of Shares Outstanding of 30206741 and a Short% of Float of 15.32.
