Understanding the 28.63% Volatility Levels of Quantum BioPharma Ltd.’s (QNTM) Stock in the Past 30 Days

The stock of Quantum BioPharma Ltd. (QNTM) has gone down by -52.51% for the week, with a -55.39% drop in the past month and a -80.66% drop in the past quarter. The volatility ratio for the week is 29.92%, and the volatility levels for the past 30 days are 28.63% for QNTM. The simple moving average for the past 20 days is -44.59% for QNTM’s stock, with a -90.03% simple moving average for the past 200 days.

Is It Worth Investing in Quantum BioPharma Ltd. (NASDAQ: QNTM) Right Now?

Company’s 36-month beta value is 0.60.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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QNTM currently public float of 0.53M.The average trading volume of QNTM on August 20, 2024 was 438.88K shares.

QNTM) stock’s latest price update

The stock of Quantum BioPharma Ltd. (NASDAQ: QNTM) has decreased by -6.09 when compared to last closing price of 4.27.Despite this, the company has seen a loss of -52.51% in its stock price over the last five trading days.

QNTM Trading at -59.00% from the 50-Day Moving Average

After a stumble in the market that brought QNTM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.33% of loss for the given period.

Volatility was left at 28.63%, however, over the last 30 days, the volatility rate increased by 29.92%, as shares sank -55.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -76.18% lower at present.

During the last 5 trading sessions, QNTM fell by -52.51%, which changed the moving average for the period of 200-days by -94.07% in comparison to the 20-day moving average, which settled at $6.99. In addition, Quantum BioPharma Ltd. saw -93.29% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for QNTM

Equity return is now at value -58.84, with -42.55 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.

Conclusion

In a nutshell, Quantum BioPharma Ltd. (QNTM) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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