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The price of IonQ Inc (NYSE: IONQ) closed at $30.65 in the last session, down -0.74% from day before closing price of $30.88. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 22.4 million shares were traded. IONQ stock price reached its highest trading level at $32.8541 during the session, while it also had its lowest trading level at $29.7.
Ratios:
We take a closer look at IONQ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 11.68 and its Current Ratio is at 12.23. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 28 ’24 when Alameddine Rima sold 22,875 shares for $17.75 per share. The transaction valued at 405,941 led to the insider holds 592,658 shares of the business.
RIMA ALAMEDDINE & ZIAD ALAMED bought 22,875 shares of IONQ for $387,960 on Oct 28 ’24. On Oct 23 ’24, another insider, Alameddine Rima, who serves as the Chief Revenue Officer of the company, sold 12,000 shares for $15.72 each. As a result, the insider received 188,640 and left with 615,533 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, IONQ now has a Market Capitalization of 6632414720 and an Enterprise Value of 6285015040. For the stock, the TTM Price-to-Sale (P/S) ratio is 177.01 while its Price-to-Book (P/B) ratio in mrq is 15.19. Its current Enterprise Value per Revenue stands at 167.739 whereas that against EBITDA is -32.29.
Stock Price History:
Over the past 52 weeks, IONQ has reached a high of $35.24, while it has fallen to a 52-week low of $6.22. The 50-Day Moving Average of the stock is 90.08%, while the 200-Day Moving Average is calculated to be 197.40%.
Shares Statistics:
According to the various share statistics, IONQ traded on average about 17.78M shares per day over the past 3-months and 35864790 shares per day over the past 10 days. A total of 206.61M shares are outstanding, with a floating share count of 186.09M. Insiders hold about 14.00% of the company’s shares, while institutions hold 34.79% stake in the company. Shares short for IONQ as of 1731628800 were 38016801 with a Short Ratio of 2.21, compared to 1728950400 on 42143884. Therefore, it implies a Short% of Shares Outstanding of 38016801 and a Short% of Float of 19.28.
