The stock of Quantum Computing Inc (QUBT) has seen a 116.78% increase in the past week, with a 256.32% gain in the past month, and a 404.07% flourish in the past quarter. The volatility ratio for the week is 48.10%, and the volatility levels for the past 30 days are at 25.21% for QUBT. The simple moving average for the last 20 days is 103.15% for QUBT stock, with a simple moving average of 276.07% for the last 200 days.
Is It Worth Investing in Quantum Computing Inc (NASDAQ: QUBT) Right Now?
The 36-month beta value for QUBT is at 2.21. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for QUBT is 72.51M, and currently, shorts hold a 6.01% of that float. The average trading volume for QUBT on November 18, 2024 was 6.69M shares.
QUBT) stock’s latest price update
Quantum Computing Inc (NASDAQ: QUBT)’s stock price has decreased by -29.55 compared to its previous closing price of 4.40. However, the company has seen a 116.78% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-16 that First TFLN photonic chip order from a major Asian institute shows strong signs of early demand for this technology prior to the commissioning of the Arizona foundry. TFLN chips could double data transmission speeds while reducing energy use, addressing surging demand from AI and quantum computing. Shareholder dilution remains a concern, especially if new orders lag. Competition from well-funded players like HyperLight could challenge market share if delays occur with the Arizona foundry commissioning.
QUBT Trading at 201.72% 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 -33.90% of loss for the given period.
Volatility was left at 25.21%, however, over the last 30 days, the volatility rate increased by 48.10%, as shares surge +236.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +423.21% upper at present.
During the last 5 trading sessions, QUBT rose by +116.78%, which changed the moving average for the period of 200-days by +308.86% in comparison to the 20-day moving average, which settled at $1.53. In addition, Quantum Computing Inc saw 239.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for QUBT
Current profitability levels for the company are sitting at:
- -64.85 for the present operating margin
- -21.4 for the gross margin
The net margin for Quantum Computing Inc stands at -67.53. The total capital return value is set at -0.34. Equity return is now at value -31.13, with -27.57 for asset returns.
Based on Quantum Computing Inc (QUBT), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -13.68. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -31.31.
Currently, EBITDA for the company is -22.11 million with net debt to EBITDA at 0.08. When we switch over and look at the enterprise to sales, we see a ratio of 790.75. The receivables turnover for the company is 6.13for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.
Conclusion
In conclusion, Quantum Computing Inc (QUBT) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
