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. The metric has seen a significant loss of -13.69% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 663.88%. Over the past 30 days, the price of QBTS has fallen by 16.00%. And in the last five days, it has surged by 11.54%.
D-Wave Quantum Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $11.41 on 12/27/24 and a low of $0.75 for the same time frame 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 -36.46% away from its 52-week high, while its distance from the 52-week low is 866.02%. 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 92.99 million for the day, a figure considerably higher than their average daily volume of 84.74 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 403.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.25B 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 4.09, with a change in price of +6.27. Similarly, D-Wave Quantum Inc recorded 55,247,316 in trading volume during the last 100 days, posting a change of +639.72%.
QBTS Stock Stochastic Average
D-Wave Quantum Inc’s raw stochastic average for the past 50 days is presently 45.97%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 67.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 77.86% and 68.54%, respectively.
