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Quantum Computing Inc (NASDAQ: QUBT) closed the day trading at $0.72 up 7.40% from the previous closing price of $0.67. In other words, the price has increased by $7.40 from its previous closing price. On the day, 0.74 million shares were traded. QUBT stock price reached its highest trading level at $0.746 during the session, while it also had its lowest trading level at $0.68.
Ratios:
For a better understanding of QUBT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
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 67417104 and an Enterprise Value of 60576740. For the stock, the TTM Price-to-Sale (P/S) ratio is 259.29 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 228.728 whereas that against EBITDA is -2.378.
Stock Price History:
Over the past 52 weeks, QUBT has reached a high of $1.32, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 10.50%, while the 200-Day Moving Average is calculated to be -7.76%.
Shares Statistics:
Over the past 3-months, QUBT traded about 759.92K shares per day on average, while over the past 10 days, QUBT traded about 478440 shares per day. A total of 77.45M shares are outstanding, with a floating share count of 67.33M. Insiders hold about 28.53% of the company’s shares, while institutions hold 4.39% stake in the company. Shares short for QUBT as of 1724976000 were 2816576 with a Short Ratio of 3.71, compared to 1722384000 on 2874912. Therefore, it implies a Short% of Shares Outstanding of 2816576 and a Short% of Float of 4.77.
