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.
In the latest session, D-Wave Quantum Inc (NYSE: QBTS) closed at $8.36 down -3.80% from its previous closing price of $8.69. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 96.84 million shares were traded. QBTS stock price reached its highest trading level at $9.0 during the session, while it also had its lowest trading level at $8.16.
Ratios:
For a deeper understanding of D-Wave Quantum Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.08 and its Current Ratio is at 6.14. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.58.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 23 ’25 when Nguyen Diane sold 2,383 shares for $5.27 per share. The transaction valued at 12,558 led to the insider holds 448,162 shares of the business.
Markovich John M. sold 5,582 shares of QBTS for $29,417 on Jan 23 ’25. The Chief Financial Officer now owns 1,064,556 shares after completing the transaction at $5.27 per share. On Jan 23 ’25, another insider, BARATZ ALAN E, who serves as the President & CEO of the company, sold 8,372 shares for $5.27 each. As a result, the insider received 44,120 and left with 2,342,208 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QBTS now has a Market Capitalization of 2435669248 and an Enterprise Value of 2296068864. For the stock, the TTM Price-to-Sale (P/S) ratio is 313.91 while its Price-to-Book (P/B) ratio in mrq is 35.58. Its current Enterprise Value per Revenue stands at 260.119 whereas that against EBITDA is -30.166.
Stock Price History:
The Beta on a monthly basis for QBTS is 0.79, which has changed by 3.0192308 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, QBTS has reached a high of $11.95, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 32.48%, while the 200-Day Moving Average is calculated to be 165.18%.
Shares Statistics:
For the past three months, QBTS has traded an average of 86.21M shares per day and 126635140 over the past ten days. A total of 331.56M shares are outstanding, with a floating share count of 277.87M. Insiders hold about 16.19% of the company’s shares, while institutions hold 16.66% stake in the company. Shares short for QBTS as of 1740700800 were 54448997 with a Short Ratio of 0.63, compared to 1738281600 on 39317732. Therefore, it implies a Short% of Shares Outstanding of 54448997 and a Short% of Float of 35.889998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0