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Quantum Computing Inc (QUBT) Stock: Uncovering 52-Week Market Trends

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Quantum Computing Inc’s current trading price is -29.28% away from its 52-week high, while its distance from the 52-week low is 101.92%. The stock’s price range during this period has varied between $0.63 and $1.81. The company, active in the Technology sector, saw a trading volume of around 2.4 million for the day, considerably higher average daily volume of 1.4 million observed over the last three months.

Quantum Computing Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $1.81 on 06/13/23, and the lowest price during that time was $0.63, recorded on 10/30/23.

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How Financial Performance Impacts Market Capitalization

Quantum Computing Inc (QUBT) has experienced a quarterly rise of 55.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 96.13M and boasts a workforce of 44 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8511, with a change in price of +0.3970. Similarly, Quantum Computing Inc recorded 1,071,979 in trading volume during the last 100 days, posting a change of +46.00%.

How QUBT’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for QUBT stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.00.

QUBT Stock Stochastic Average

As of today, the raw stochastic average of Quantum Computing Inc over the last 50 days is at 98.21%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 98.12%. Further, the company’s Stochastic %K and %D values for the last 20 days were 85.18% and 84.92%, respectively.

QUBT Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 40.18% this year. Over the last six months, there has been a weaker performance of 4.92%. The price of QUBT fallen by 47.30% during the last 30 days period. For the last 5-days stocks have improved 34.74%.

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