Trading Day Review: Quantum Computing Inc (QUBT) Gains Momentum, Closing at 7.62

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The price of Quantum Computing Inc (NASDAQ: QUBT) closed at $7.62 in the last session, up 2.01% from day before closing price of $7.47. In other words, the price has increased by $2.01 from its previous closing price. On the day, 24.7 million shares were traded. QUBT stock price reached its highest trading level at $8.35 during the session, while it also had its lowest trading level at $7.0332.

Ratios:

We take a closer look at QUBT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.12.

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 900821120 and an Enterprise Value of 759785920. For the stock, the TTM Price-to-Sale (P/S) ratio is 2309.78 while its Price-to-Book (P/B) ratio in mrq is 11.90. Its current Enterprise Value per Revenue stands at 1968.357 whereas that against EBITDA is -37.498.

Stock Price History:

Over the past 52 weeks, QUBT has reached a high of $9.20, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 176.38%, while the 200-Day Moving Average is calculated to be 511.59%.

Shares Statistics:

According to the various share statistics, QUBT traded on average about 19.79M shares per day over the past 3-months and 39526260 shares per day over the past 10 days. A total of 94.42M shares are outstanding, with a floating share count of 86.51M. Insiders hold about 26.82% of the company’s shares, while institutions hold 3.44% stake in the company. Shares short for QUBT as of 1732838400 were 14596001 with a Short Ratio of 0.60, compared to 1730332800 on 4360791. Therefore, it implies a Short% of Shares Outstanding of 14596001 and a Short% of Float of 15.76.

Earnings Estimates

The market rating for Quantum Computing Inc (QUBT) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.25 and -$0.25 for the fiscal current year, implying an average EPS of -$0.25. EPS for the following year is -$0.21, with 1.0 analysts recommending between -$0.21 and -$0.21.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $200k. It ranges from a high estimate of $200k to a low estimate of $200k. As of the current estimate, Quantum Computing Inc’s year-ago sales were $74.89kFor the next quarter, 1 analysts are estimating revenue of $300k. There is a high estimate of $300k for the next quarter, whereas the lowest estimate is $300k.

A total of 1 analysts have provided revenue estimates for QUBT’s current fiscal year. The highest revenue estimate was $500k, while the lowest revenue estimate was $500k, resulting in an average revenue estimate of $500k. In the same quarter a year ago, actual revenue was $358.05kBased on 1 analysts’ estimates, the company’s revenue will be $1.5M in the next fiscal year. The high estimate is $1.5M and the low estimate is $1.5M.

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