The market performance of Quantum Computing Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $27.15 on 12/18/24, with the lowest value for the same timeframe being $0.35, recorded on 07/02/24.
52-week price history of QUBT Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Quantum Computing Inc’s current trading price is -32.41% away from its 52-week high, while its distance from the 52-week low is 5070.47%. The stock’s price range during this period has fluctuated between $0.35 and $27.15. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 46.26 million for the day, which was evidently higher than the average daily volume of 36.06 million over the last three months.
Financial Performance and Market Capitalization
Quantum Computing Inc (QUBT) has experienced a quarterly rise of 2649.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.26B and boasts a workforce of 39 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.41, with a change in price of +17.71. Similarly, Quantum Computing Inc recorded 23,336,686 in trading volume during the last 100 days, posting a change of +2,748.94%.
QUBT Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for QUBT stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.12.
QUBT Stock Stochastic Average
The raw stochastic average for Quantum Computing Inc over the last 50 days is presently at 66.69%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 60.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 59.45% and 57.65%, respectively.
QUBT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 1909.64% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 3552.47%. Over the past 30 days, the price of QUBT has fallen by 175.94%. And in the last five days, it has surged by 21.20%.