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In the latest session, IonQ Inc (NYSE: IONQ) closed at $15.01 up 1.69% from its previous closing price of $14.76. In other words, the price has increased by $1.69 from its previous closing price. On the day, 21.1 million shares were traded. IONQ stock price reached its highest trading level at $15.29 during the session, while it also had its lowest trading level at $13.89.
Ratios:
For a deeper understanding of IonQ Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 16 ’24 when Alameddine Rima sold 9,875 shares for $11.72 per share. The transaction valued at 115,735 led to the insider holds 638,908 shares of the business.
Alameddine Rima sold 11,375 shares of IONQ for $156,065 on Oct 18 ’24. The Chief Revenue Officer now owns 627,533 shares after completing the transaction at $13.72 per share. On Oct 18 ’24, another insider, RIMA ALAMEDDINE & ZIAD ALAMED, who serves as the Officer of the company, bought 11,375 shares for $12.50 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 3213280768 and an Enterprise Value of 2806597888. For the stock, the TTM Price-to-Sale (P/S) ratio is 102.99 while its Price-to-Book (P/B) ratio in mrq is 6.92. Its current Enterprise Value per Revenue stands at 89.941 whereas that against EBITDA is -15.151.
Stock Price History:
Over the past 52 weeks, IONQ has reached a high of $15.49, while it has fallen to a 52-week low of $6.22. The 50-Day Moving Average of the stock is 74.46%, while the 200-Day Moving Average is calculated to be 68.63%.
Shares Statistics:
For the past three months, IONQ has traded an average of 7.15M shares per day and 14267840 over the past ten days. A total of 206.61M shares are outstanding, with a floating share count of 183.76M. Insiders hold about 14.16% of the company’s shares, while institutions hold 32.28% stake in the company. Shares short for IONQ as of 1727654400 were 39619109 with a Short Ratio of 5.54, compared to 1724976000 on 38032443. Therefore, it implies a Short% of Shares Outstanding of 39619109 and a Short% of Float of 20.330000000000002.
