Market Resilience: IonQ Inc (IONQ) Finishes Weak at 40.34, Down -6.62

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

IonQ Inc (NYSE: IONQ) closed the day trading at $40.34 down -6.62% from the previous closing price of $43.20. In other words, the price has decreased by -$6.62 from its previous closing price. On the day, 27.02 million shares were traded.

Ratios:

For a better understanding of IONQ, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.67 and its Current Ratio is at 13.17. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

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:

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 May 09 ’25 when You Harry L. bought 16,091 shares for $32.14 per share.

Alameddine Rima sold 20,047 shares of IONQ for $372,263 on Mar 11 ’25. The Chief Revenue Officer now owns 572,568 shares after completing the transaction at $18.57 per share. On Mar 11 ’25, another insider, Chapman Peter Hume, who serves as the Executive Chair of the company, sold 12,069 shares for $18.57 each. As a result, the insider received 224,115 and left with 402,294 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 232.13 while its Price-to-Book (P/B) ratio in mrq is 12.82.

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 36.90%, while the 200-Day Moving Average is calculated to be 58.50%.

Shares Statistics:

A total of 243.07M shares are outstanding, with a floating share count of 235.64M. Insiders hold about 4.90% of the company’s shares, while institutions hold 40.11% stake in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.