The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 468.12%. However, over the past six months, we’ve seen a weaker performance of 338.60%. The price of QBTS fallen by 180.90% over the last 30 days. And in the last five days, it has fallen by -1.19%.
D-Wave Quantum Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $5.38 on 12/10/24, while the lowest price for the same period was registered at $0.68 on 01/19/24.
52-week price history of QBTS Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. D-Wave Quantum Inc’s current trading price is -7.06% away from its 52-week high, while its distance from the 52-week low is 633.89%. The stock’s price range during this time has been between $0.68 and $5.38. The trading volume for the Technology sector company’s shares reached about 80.26 million for the day, which was higher than the average daily volume of 18.97 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 408.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.86B and boasts a workforce of 200 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.45, with a change in price of +4.02. Similarly, D-Wave Quantum Inc recorded 13,950,859 in trading volume during the last 100 days, posting a change of +410.10%.
QBTS Stock Stochastic Average
Today’s raw stochastic average for D-Wave Quantum Inc over the last 50 days is 91.57%.This indicates a increase from the raw stochastic average of the past 20 days, which was 90.42%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 73.85% and 74.25%, respectively.
