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QBTS’s Market Whiplash: 8.81% YTD Rise, 205.69% Rise in 30 Days

HCCC Stock

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price increase of 8.81%. However, over the past six months, we’ve seen a weaker performance of 730.91%. The price of QBTS fallen by 205.69% over the last 30 days. And in the last five days, it has fallen by -7.68%.

D-Wave Quantum Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $11.41 on 12/27/24, and the lowest price during that time was $0.68, recorded on 01/19/24.

52-week price history of QBTS Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. D-Wave Quantum Inc’s current trading price is -19.89% away from its 52-week high, while its distance from the 52-week low is 1241.55%. The stock’s price range over this timeframe has been between $0.68 and $11.41. The shares of the Technology sector company recorded a trading volume of approximately 64.36 million for the day, which was comparatively higher than the average daily volume of 41.3 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 894.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.34B and boasts a workforce of 200 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.43, with a change in price of +8.26. Similarly, D-Wave Quantum Inc recorded 27,536,545 in trading volume during the last 100 days, posting a change of +937.22%.

QBTS Stock Stochastic Average

D-Wave Quantum Inc’s raw stochastic average for the past 50 days is currently at 78.25%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 73.39%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 72.83% and 70.95%, respectively.

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