In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
The price of IonQ Inc (NYSE: IONQ) closed at $28.09 in the last session, down -2.13% from day before closing price of $28.70. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 8.12 million shares were traded.
Ratios:
We take a closer look at IONQ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.98 and its Current Ratio is at 10.50. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, DA Davidson on December 19, 2024, initiated with a Buy rating and assigned the stock a target price of $50.
On August 11, 2023, Craig Hallum reiterated its Buy rating and also lowered its target price recommendation from $12 to $21.
On April 26, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $7.Morgan Stanley initiated its Equal-Weight rating on April 26, 2023, with a $7 target price.
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 Mar 11 ’25 when Alameddine Rima sold 20,047 shares for $18.57 per share. The transaction valued at 372,263 led to the insider holds 572,568 shares of the business.
Chapman Peter Hume sold 12,069 shares of IONQ for $224,115 on Mar 11 ’25. The Executive Chair now owns 402,294 shares after completing the transaction at $18.57 per share. On Mar 11 ’25, another insider, Kramer Thomas G., who serves as the Chief Financial Officer of the company, sold 11,712 shares for $18.57 each. As a result, the insider received 217,486 and left with 944,510 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 145.34 while its Price-to-Book (P/B) ratio in mrq is 16.24.
Stock Price History:
Over the past 52 weeks, IONQ has reached a high of $54.74, while it has fallen to a 52-week low of $6.22. The 50-Day Moving Average of the stock is 12.03%, while the 200-Day Moving Average is calculated to be 25.34%.
Shares Statistics:
A total of 221.92M shares are outstanding, with a floating share count of 204.73M. Insiders hold about 8.13% of the company’s shares, while institutions hold 39.25% stake in the company.
