D-Wave Quantum Inc. (QBTS) is priced at $0.51 after the most recent trading session. At the very opening of the session, the stock price was $0.55 and reached a high price of $0.558, prior to closing the session it reached the value of $0.55. The stock touched a low price of $0.51.Recently in News on March 9, 2023, D-Wave Quantum Inc. Announces Date of Fourth Quarter and Full Year Fiscal 2022 Earnings Call. D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems, announced today it will release its financial results for the fourth quarter and fiscal year 2022 ended December 31, 2022 on Thursday, March 30, 2023 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. You can read further details here
D-Wave Quantum Inc. had a pretty Dodgy run when it comes to the market performance.
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D-Wave Quantum Inc. (QBTS) full year performance was -94.81%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, D-Wave Quantum Inc. shares are logging -96.14% during the 52-week period from high price, and -7.09% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.55 and $13.23.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1153768 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the D-Wave Quantum Inc. (QBTS) recorded performance in the market was -64.51%, having the revenues showcasing -78.71% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 62.17M, as it employees total of 190 workers.
Analysts verdict on D-Wave Quantum Inc. (QBTS)
During the last month, 0 analysts gave the D-Wave Quantum Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.7841, with a change in the price was noted -4.82. In a similar fashion, D-Wave Quantum Inc. posted a movement of -90.41% for the period of last 100 days, recording 1,244,590 in trading volumes.
D-Wave Quantum Inc. (QBTS): Technical Analysis
Raw Stochastic average of D-Wave Quantum Inc. in the period of last 50 days is set at 0.07%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.23%. In the last 20 days, the company’s Stochastic %K was 0.54% and its Stochastic %D was recorded 1.16%.
Let’s take a glance in the erstwhile performances of D-Wave Quantum Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -64.51%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -93.45%, alongside a downfall of -94.81% for the period of the last 12 months. The shares increased approximately by -24.85% in the 7-day charts and went up by -41.43% in the period of the last 30 days. Common stock shares were lifted by -78.71% during last recorded quarter.