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 -53.81% away from its 52-week high, while its distance from the 52-week low is 673.52%. The stock’s price range during this period has varied between $0.68 and $11.41. The company, active in the Technology sector, saw a trading volume of around 75.59 million for the day, considerably higher average daily volume of 59.32 million observed over the last three months.
D-Wave Quantum Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $11.41 on 12/27/24, and the lowest price during the same period was recorded at $0.68 on 01/19/24.
How Financial Performance Impacts Market Capitalization
D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 406.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.64B 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 2.91, with a change in price of +4.20. Similarly, D-Wave Quantum Inc recorded 38,459,477 in trading volume during the last 100 days, posting a change of +392.52%.
QBTS Stock Stochastic Average
As of today, the raw stochastic average of D-Wave Quantum Inc over the past 50 days is 41.07%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 19.95%. Additionally, the Stochastic %K and %D values for the company were 24.55% and 20.24%, respectively, over the past 20 days.
QBTS Stock Price Performance Analysis
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. The index has shown a price loss of -37.26% this year. Over the last six months, there has been a weaker performance of 392.52%. The price of QBTS leaped by -27.11% during the last 30 days period. For the last 5-days stocks have slided -8.67%.
