Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of D-Wave Quantum Inc (NYSE: QBTS) was $7.58 for the day, down -5.96% from the previous closing price of $8.06. In other words, the price has decreased by -$5.96 from its previous closing price. On the day, 35.2 million shares were traded. QBTS stock price reached its highest trading level at $7.9973 during the session, while it also had its lowest trading level at $7.25.
Ratios:
Our analysis of QBTS’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 2208425216 and an Enterprise Value of 2068817280. For the stock, the TTM Price-to-Sale (P/S) ratio is 250.11 while its Price-to-Book (P/B) ratio in mrq is 32.26. Its current Enterprise Value per Revenue stands at 234.374 whereas that against EBITDA is -27.181.
Stock Price History:
The Beta on a monthly basis for QBTS is 0.88, which has changed by 2.8090453 over the last 52 weeks, in comparison to a change of 0.06429911 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 14.60%, while the 200-Day Moving Average is calculated to be 127.70%.
Shares Statistics:
QBTS traded an average of 84.74M shares per day over the past three months and 104068080 shares per day over the past ten days. A total of 291.35M shares are outstanding, with a floating share count of 277.90M. Insiders hold about 4.62% of the company’s shares, while institutions hold 18.96% stake in the company. Shares short for QBTS as of 1741910400 were 50063142 with a Short Ratio of 0.59, compared to 1739491200 on 44258571. Therefore, it implies a Short% of Shares Outstanding of 50063142 and a Short% of Float of 23.1.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
