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. D-Wave Quantum Inc’s current trading price is -3.67% away from its 52-week high, while its distance from the 52-week low is 324.19%. The stock’s price range during this period has varied between $0.68 and $3.00. The company, active in the Technology sector, saw a trading volume of around 102.8 million for the day, considerably higher average daily volume of 7.93 million observed over the last three months.
D-Wave Quantum Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $3.00 on 11/25/24, while the lowest price during the same period was $0.68 on 01/19/24.
How Financial Performance Impacts Market Capitalization
D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 191.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 962.88M and boasts a workforce of 200 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 1.12, with a change in price of +1.79. Similarly, D-Wave Quantum Inc recorded 7,693,099 in trading volume during the last 100 days, posting a change of +162.73%.
QBTS Stock Stochastic Average
As of today, the raw stochastic average of D-Wave Quantum Inc over the last 50 days is at 69.63%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 68.52%. Further, the company’s Stochastic %K and %D values for the last 20 days were 83.25% and 75.31%, respectively.
QBTS 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 228.37%. However, over the past six months, we’ve seen a weaker performance of 106.43%. The price of QBTS fallen by 177.88% over the last 30 days. And in the last five days, it has surged by 100.69%.
