Evaluating the Impact of -4.82 Increase on Quantum Computing Inc’s (QUBT) Stock

The stock of Quantum Computing Inc (QUBT) has seen a -15.32% decrease in the past week, with a 12.70% gain in the past month, and a 5.08% flourish in the past quarter. The volatility ratio for the week is 9.59%, and the volatility levels for the past 30 days are at 11.20% for QUBT. The simple moving average for the past 20 days is -10.84% for QUBT’s stock, with a -7.69% simple moving average for the past 200 days.

Is It Worth Investing in Quantum Computing Inc (NASDAQ: QUBT) Right Now?

The stock has a 36-month beta value of 1.46. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for QUBT is 46.80M, and at present, short sellers hold a 7.23% of that float. On April 03, 2024, the average trading volume of QUBT was 1.61M shares.

QUBT) stock’s latest price update

The stock of Quantum Computing Inc (NASDAQ: QUBT) has decreased by -4.82 when compared to last closing price of 0.99.Despite this, the company has seen a loss of -15.32% in its stock price over the last five trading days. InvestorPlace reported 2024-03-18 that If you’re searching for undervalued quantum computing stocks to add to your portfolio this month, look no further. Never before in human history has technology progressed at the rate seen today.

QUBT Trading at 2.07% from the 50-Day Moving Average

After a stumble in the market that brought QUBT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.07% of loss for the given period.

Volatility was left at 11.20%, however, over the last 30 days, the volatility rate increased by 9.59%, as shares surge +13.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.21% upper at present.

During the last 5 trading sessions, QUBT fell by -15.32%, which changed the moving average for the period of 200-days by -44.71% in comparison to the 20-day moving average, which settled at $1.0597. In addition, Quantum Computing Inc saw 2.94% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at QUBT starting from Liscouski Robert, who sale 15,000 shares at the price of $1.10 back on Sep 27 ’23. After this action, Liscouski Robert now owns 896,055 shares of Quantum Computing Inc, valued at $16,500 using the latest closing price.

Liscouski Robert, the President, CEO of Quantum Computing Inc, sale 15,000 shares at $1.22 during a trade that took place back on Aug 25 ’23, which means that Liscouski Robert is holding 911,055 shares at $18,300 based on the most recent closing price.

Stock Fundamentals for QUBT

Current profitability levels for the company are sitting at:

  • -131.99 for the present operating margin
  • 0.47 for the gross margin

The net margin for Quantum Computing Inc stands at -3429.2. The total capital return value is set at -0.46. Equity return is now at value -40.13, with -35.39 for asset returns.

Based on Quantum Computing Inc (QUBT), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -3.64. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -13.0.

Currently, EBITDA for the company is -27.22 billion with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 240.18. The receivables turnover for the company is 0.52for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.

Conclusion

To sum up, Quantum Computing Inc (QUBT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts