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After finishing at $0.69 in the prior trading day, Quantum Computing Inc (NASDAQ: QUBT) closed at $0.64, down -6.57%. In other words, the price has decreased by -$6.57 from its previous closing price. On the day, 1.25 million shares were traded. QUBT stock price reached its highest trading level at $0.68 during the session, while it also had its lowest trading level at $0.631.
Ratios:
Our goal is to gain a better understanding of QUBT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 0.05 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.
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 58468864 and an Enterprise Value of 59746320. For the stock, the TTM Price-to-Sale (P/S) ratio is 162.42 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 166.867 whereas that against EBITDA is -2.365.
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 -19.59%, while the 200-Day Moving Average is calculated to be -28.98%.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 691580 shares per day over the last 10 days, according to various share statistics. A total of 77.45M shares are outstanding, with a floating share count of 65.30M. Insiders hold about 28.53% of the company’s shares, while institutions hold 4.06% stake in the company. Shares short for QUBT as of 1715731200 were 3527204 with a Short Ratio of 2.58, compared to 1713139200 on 3207377. Therefore, it implies a Short% of Shares Outstanding of 3527204 and a Short% of Float of 5.9699997.
