Company’s 36-month beta value is 2.43.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for IONQ is 186.95M, and currently, short sellers hold a 13.37% ratio of that floaft. The average trading volume of IONQ on January 20, 2025 was 32.43M shares.
IONQ) stock’s latest price update
The stock price of IonQ Inc (NYSE: IONQ) has plunged by -6.40 when compared to previous closing price of 41.55, but the company has seen a 20.29% gain in its stock price over the last five trading sessions. fool.com reported 2025-01-19 that The quantum computing revolution is changing technology as we know it. Quantum computers leverage the principles of quantum mechanics to perform calculations far beyond the capabilities of traditional computers.
IONQ’s Market Performance
IONQ’s stock has risen by 20.29% in the past week, with a monthly drop of -6.98% and a quarterly rise of 216.18%. The volatility ratio for the week is 16.95% while the volatility levels for the last 30 days are 16.56% for IonQ Inc The simple moving average for the last 20 days is -4.76% for IONQ stock, with a simple moving average of 157.51% for the last 200 days.
Analysts’ Opinion of IONQ
Many brokerage firms have already submitted their reports for IONQ stocks, with DA Davidson repeating the rating for IONQ by listing it as a “Buy.” The predicted price for IONQ in the upcoming period, according to DA Davidson is $50 based on the research report published on December 19, 2024 of the previous year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see IONQ reach a price target of $21, previously predicting the price at $12. The rating they have provided for IONQ stocks is “Buy” according to the report published on August 11th, 2023.
Morgan Stanley gave a rating of “Equal-Weight” to IONQ, setting the target price at $7 in the report published on April 26th of the previous year.
IONQ Trading at 13.09% from the 50-Day Moving Average
After a stumble in the market that brought IONQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.96% of loss for the given period.
Volatility was left at 16.56%, however, over the last 30 days, the volatility rate increased by 16.95%, as shares sank -11.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +170.63% upper at present.
During the last 5 trading sessions, IONQ rose by +20.29%, which changed the moving average for the period of 200-days by +315.49% in comparison to the 20-day moving average, which settled at $40.83. In addition, IonQ Inc saw -6.89% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IONQ starting from Alameddine Rima, who sale 21,337 shares at the price of $29.73 back on Dec 11 ’24. After this action, Alameddine Rima now owns 571,321 shares of IonQ Inc, valued at $634,377 using the latest closing price.
Kramer Thomas G., the Chief Financial Officer of IonQ Inc, sale 9,780 shares at $29.72 during a trade that took place back on Dec 11 ’24, which means that Kramer Thomas G. is holding 926,114 shares at $290,633 based on the most recent closing price.
Stock Fundamentals for IONQ
Current profitability levels for the company are sitting at:
- -5.59 for the present operating margin
- 0.39 for the gross margin
The net margin for IonQ Inc stands at -4.58. The total capital return value is set at -0.45. Equity return is now at value -36.73, with -32.27 for asset returns.
Based on IonQ Inc (IONQ), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -7.6.
Currently, EBITDA for the company is -147.38 million with net debt to EBITDA at 0.06. When we switch over and look at the enterprise to sales, we see a ratio of 224.28. The receivables turnover for the company is 5.92for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.23.
Conclusion
In a nutshell, IonQ Inc (IONQ) has experienced a mixed 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.
