The price of Quantum Computing Inc (NASDAQ: QUBT) closed at $1.15 in the last session, down -7.26% from day before closing price of $1.24. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 1910521 shares were traded.
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Ratios:
We take a closer look at QUBT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 27 ’23 when Liscouski Robert sold 15,000 shares for $1.10 per share. The transaction valued at 16,500 led to the insider holds 896,055 shares of the business.
Liscouski Robert sold 15,000 shares of QUBT for $18,300 on Aug 25 ’23. The President, CEO now owns 911,055 shares after completing the transaction at $1.22 per share. On Jul 28 ’23, another insider, Liscouski Robert, who serves as the President, CEO of the company, sold 15,000 shares for $1.22 each. As a result, the insider received 18,300 and left with 926,055 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, QUBT now has a Market Capitalization of 93.12M and an Enterprise Value of 91.41M. For the stock, the TTM Price-to-Sale (P/S) ratio is 308.45 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 321.37 whereas that against EBITDA is -2.61.
Stock Price History:
Over the past 52 weeks, QUBT has reached a high of $1.81, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 0.8749, while the 200-Day Moving Average is calculated to be 1.0369.
Shares Statistics:
According to the various share statistics, QUBT traded on average about 1.45M shares per day over the past 3-months and 2.97M shares per day over the past 10 days. A total of 55.96M shares are outstanding, with a floating share count of 46.97M. Insiders hold about 37.45% of the company’s shares, while institutions hold 4.25% stake in the company. Shares short for QUBT as of Feb 29, 2024 were 3.77M with a Short Ratio of 2.60, compared to 1.75M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.02% and a Short% of Float of 7.89%.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.14. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.42 and -$0.42 for the fiscal current year, implying an average EPS of -$0.42. EPS for the following year is -$0.39, with 1 analysts recommending between -$0.39 and -$0.39.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $100k. It ranges from a high estimate of $100k to a low estimate of $100k. As of the current estimate, Quantum Computing Inc’s year-ago sales were $2k, an estimated increase of 4,900.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $200k, an increase of 66.70% less than the figure of $4,900.00% in the same quarter last year. There is a high estimate of $200k for the next quarter, whereas the lowest estimate is $200k.
A total of 1 analysts have provided revenue estimates for QUBT’s current fiscal year. The highest revenue estimate was $400k, while the lowest revenue estimate was $400k, resulting in an average revenue estimate of $400k. In the same quarter a year ago, actual revenue was $135k, up 196.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.6M in the next fiscal year. The high estimate is $1.6M and the low estimate is $1.6M. The average revenue growth estimate for next year is up 300.00% from the average revenue estimate for this year.
