Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $20.48 in the prior trading day, IonQ Inc (NYSE: IONQ) closed at $20.55, up 0.34%. In other words, the price has increased by $0.34 from its previous closing price. On the day, 16.12 million shares were traded.
Ratios:
Our goal is to gain a better understanding of IONQ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.98 and its Current Ratio is at 10.50. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, DA Davidson on December 19, 2024, initiated with a Buy rating and assigned the stock a target price of $50.
On August 11, 2023, Craig Hallum reiterated its Buy rating and also lowered its target price recommendation from $12 to $21.
On April 26, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $7.Morgan Stanley initiated its Equal-Weight rating on April 26, 2023, with a $7 target price.
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 Mar 06 ’25 when Alameddine Rima bought 1,680 shares for $23.11 per share.
Alameddine Rima sold 21,337 shares of IONQ for $634,377 on Dec 11 ’24. The Chief Revenue Officer now owns 571,321 shares after completing the transaction at $29.73 per share. On Dec 11 ’24, another insider, Kramer Thomas G., who serves as the Chief Financial Officer of the company, sold 9,780 shares for $29.72 each. As a result, the insider received 290,633 and left with 926,114 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 106.32 while its Price-to-Book (P/B) ratio in mrq is 11.88.
Stock Price History:
Over the past 52 weeks, IONQ has reached a high of $54.74, while it has fallen to a 52-week low of $6.22. The 50-Day Moving Average of the stock is -44.31%, while the 200-Day Moving Average is calculated to be 5.68%.
Shares Statistics:
A total of 221.92M shares are outstanding, with a floating share count of 197.34M. Insiders hold about 11.44% of the company’s shares, while institutions hold 40.31% stake in the company.
