Quantum Computing Inc’s Market Journey: Closing Strong at 0.73, Up 4.83

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The closing price of Quantum Computing Inc (NASDAQ: QUBT) was $0.73 for the day, up 4.83% from the previous closing price of $0.69. In other words, the price has increased by $4.83 from its previous closing price. On the day, 0.59 million shares were traded. QUBT stock price reached its highest trading level at $0.7398 during the session, while it also had its lowest trading level at $0.7103.

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 1.09 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

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 68302688 and an Enterprise Value of 64407228. For the stock, the TTM Price-to-Sale (P/S) ratio is 194.79 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 192.233 whereas that against EBITDA is -2.711.

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 10.77%, while the 200-Day Moving Average is calculated to be -4.39%.

Shares Statistics:

QUBT traded an average of 533.47K shares per day over the past three months and 392840 shares per day over the past ten days. A total of 77.45M shares are outstanding, with a floating share count of 65.82M. Insiders hold about 27.94% of the company’s shares, while institutions hold 4.50% stake in the company. Shares short for QUBT as of 1727654400 were 2943922 with a Short Ratio of 5.52, compared to 1724976000 on 2816576. Therefore, it implies a Short% of Shares Outstanding of 2943922 and a Short% of Float of 4.75.

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