Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. D-Wave Quantum Inc’s current trading price is -60.66% away from its 52-week high, while its distance from the 52-week low is 68.42%. The stock’s price range over this period has fluctuated between $0.57 and $2.44. The company, operating within the financial sector, had a trading volume of approximately 0.89 million for the day, which was noticeably lower than the average daily share volume of 3.75 million over the last 3 months.
D-Wave Quantum Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $2.44 on 03/13/24, while the lowest value for the same period was recorded at $0.57 on 11/09/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
D-Wave Quantum Inc (QBTS) has experienced a quarterly decline of -17.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 163.33M and boasts a workforce of 200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1131, with a change in price of -0.4770. Similarly, D-Wave Quantum Inc recorded 3,533,171 in trading volume during the last 100 days, posting a change of -33.13%.
QBTS Stock Stochastic Average
Today, D-Wave Quantum Inc’s raw stochastic average for the past 50 days stands at 32.72%, indicating a decline from the raw stochastic average of the last 20 days, which was 58.21%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 54.42% and 56.50% respectively.
QBTS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 9.08% this year. Over the last six months, there has been a stronger performance of -49.47%. The price of QBTS leaped by -10.28% during the last 30 days period. For the last 5-days stocks have slided -4.95%.
