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. IonQ Inc’s current trading price is -16.78% away from its 52-week high, while its distance from the 52-week low is 107.32%. The stock’s price range during this period has varied between $6.22 and $15.49. The company, active in the Technology sector, saw a trading volume of around 11.35 million for the day, considerably higher average daily volume of 6.54 million observed over the last three months.
IonQ Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $15.49 on 12/15/23, while the lowest price during the same period was $6.22 on 08/05/24.
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How Financial Performance Impacts Market Capitalization
IonQ Inc (IONQ) has experienced a quarterly rise of 59.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.76B and boasts a workforce of 324 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 7.98, with a change in price of +5.00. Similarly, IonQ Inc recorded 5,991,035 in trading volume during the last 100 days, posting a change of +60.39%.
How IONQ’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 IONQ stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
IONQ Stock Stochastic Average
As of today, the raw stochastic average of IonQ Inc over the last 50 days is at 92.90%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 91.82%. Further, the company’s Stochastic %K and %D values for the last 20 days were 95.87% and 92.76%, respectively.
IONQ Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 4.08%. However, over the past six months, we’ve seen a weaker performance of 81.88%. The price of IONQ fallen by 67.03% over the last 30 days. And in the last five days, it has surged by 20.97%.
