The closing price of Quantum Computing Inc (NASDAQ: QUBT) was $0.83 for the day, down -2.16% from the previous closing price of $0.85. In other words, the price has decreased by -$0.0184 from its previous closing price. On the day, 1633343 shares were traded.
Ratios:
Our analysis of QUBT’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 27 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. The President, CEO now owns 911,055 shares after completing the transaction at $1.22 per share. On Jul 28, 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 63.16M and an Enterprise Value of 61.44M. For the stock, the TTM Price-to-Sale (P/S) ratio is 223.69 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 216.02 whereas that against EBITDA is -1.75.
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 0.8473, while the 200-Day Moving Average is calculated to be 1.0516.
Shares Statistics:
QUBT traded an average of 1.10M shares per day over the past three months and 2.15M 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 2.00, 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%.
