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As of close of business last night, IonQ Inc’s stock clocked out at $16.74, down -6.01% from its previous closing price of $17.81. In other words, the price has decreased by -$6.01 from its previous closing price. On the day, 32.02 million shares were traded. IONQ stock price reached its highest trading level at $17.79 during the session, while it also had its lowest trading level at $15.73.
Ratios:
To gain a deeper understanding of IONQ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.53 and its Current Ratio is at 13.15. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Craig Hallum on August 11, 2023, Reiterated its Buy rating but revised its target price to $21 from $12 previously.
On April 26, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $7.
On June 08, 2022, Needham started tracking the stock assigning a Buy rating and target price of $9.Needham initiated its Buy rating on June 08, 2022, with a $9 target price.
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 Oct 28 ’24 when RIMA ALAMEDDINE & ZIAD ALAMED bought 22,875 shares for $16.96 per share.
Alameddine Rima sold 12,000 shares of IONQ for $188,640 on Oct 23 ’24. The Chief Revenue Officer now owns 615,533 shares after completing the transaction at $15.72 per share. On Oct 23 ’24, another insider, RIMA ALAMEDDINE & ZIAD ALAMED, who serves as the Officer of the company, bought 12,000 shares for $15.01 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IONQ now has a Market Capitalization of 3812702464 and an Enterprise Value of 3230468864. For the stock, the TTM Price-to-Sale (P/S) ratio is 114.86 while its Price-to-Book (P/B) ratio in mrq is 7.72. Its current Enterprise Value per Revenue stands at 103.524 whereas that against EBITDA is -17.439.
Stock Price History:
Over the past 52 weeks, IONQ has reached a high of $18.20, while it has fallen to a 52-week low of $6.22. The 50-Day Moving Average of the stock is 76.00%, while the 200-Day Moving Average is calculated to be 85.79%.
Shares Statistics:
It appears that IONQ traded 8.82M shares on average per day over the past three months and 24451290 shares per day over the past ten days. A total of 206.61M shares are outstanding, with a floating share count of 183.79M. Insiders hold about 14.15% of the company’s shares, while institutions hold 32.29% stake in the company. Shares short for IONQ as of 1728950400 were 42143884 with a Short Ratio of 4.78, compared to 1726185600 on 34883810. Therefore, it implies a Short% of Shares Outstanding of 42143884 and a Short% of Float of 21.63.
