The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -22.28%. However, over the past six months, we’ve seen a weaker performance of 626.36%. The price of QBTS fallen by 12.75% over the last 30 days. And in the last five days, it has surged by 12.37%.
D-Wave Quantum Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $11.41 on 12/27/24, while the lowest price for the same duration was marked at $0.75 on 08/08/24.
52-week price history of QBTS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. D-Wave Quantum Inc’s current trading price is -42.78% away from its 52-week high, while its distance from the 52-week low is 769.89%. The stock’s price range during this period has varied between$0.75 and $11.41. The D-Wave Quantum Inc’s shares, which operate in the Technology, saw a trading volume of around 18.04 million for the day, a figure considerably lower than their average daily volume of 79.72 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 323.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.03B 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 3.86, with a change in price of +5.60. Similarly, D-Wave Quantum Inc recorded 51,332,387 in trading volume during the last 100 days, posting a change of +603.35%.
QBTS Stock Stochastic Average
As of today, D-Wave Quantum Inc’s raw stochastic average for the last 50 days stands at 45.15%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 68.94%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 60.02% and 53.48%, respectively.
