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 -8.64% away from its 52-week high, while its distance from the 52-week low is 396.46%. The stock’s price range during this period has varied between $6.22 and $33.80. The company, active in the Technology sector, saw a trading volume of around 31.15 million for the day, considerably higher average daily volume of 17.36 million observed over the last three months.
IonQ Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $33.80 on 11/25/24, and the lowest price during the same period was recorded at $6.22 on 08/05/24.
How Financial Performance Impacts Market Capitalization
IonQ Inc (IONQ) has experienced a quarterly rise of 324.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.48B 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 11.61, with a change in price of +23.47. Similarly, IonQ Inc recorded 13,240,299 in trading volume during the last 100 days, posting a change of +316.73%.
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 past 50 days is 84.28%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 79.33%. Additionally, the Stochastic %K and %D values for the company were 87.98% and 90.33%, respectively, over the past 20 days.
IONQ 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. Year to date metric has recorded a gain of 149.23%.However, over the last six months, we can see a weaker performance of 272.95%. Over the last 30 days, the price of IONQ has fallen by 82.08%. And in the last five days, it has surged by 22.39%.
