Quantum Computing Inc (QUBT) Shares Decline by -1.64% to Close at $0.87

As of close of business last night, Quantum Computing Inc’s stock clocked out at $0.87, down -1.64% from its previous closing price of $0.88. In other words, the price has decreased by -$0.0145 from its previous closing price. On the day, 2547423 shares were traded.

Ratios:

To gain a deeper understanding of QUBT’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 65.01M and an Enterprise Value of 63.30M. For the stock, the TTM Price-to-Sale (P/S) ratio is 233.45 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 222.55 whereas that against EBITDA is -1.81.

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 0.8407, while the 200-Day Moving Average is calculated to be 1.0394.

Shares Statistics:

It appears that QUBT traded 1.14M shares on average per day over the past three months and 1.89M shares per day over the past ten 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 15, 2024 were 2.19M with a Short Ratio of 1.92, compared to 1.68M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.91% and a Short% of Float of 4.58%.

Earnings Estimates

As of right now, 0 analysts gave their recommendation on the stock of the company. 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

In the current quarter, 1 analysts expect revenue to total $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.

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