The market performance of D-Wave Quantum Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $11.41 on 12/27/24, with the lowest value for the same timeframe being $0.75, recorded on 08/08/24.
52-week price history of QBTS Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. D-Wave Quantum Inc’s current trading price is -54.60% away from its 52-week high, while its distance from the 52-week low is 590.21%. The stock’s price range during this period has fluctuated between $0.75 and $11.41. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 44.17 million for the day, which was evidently lower than the average daily volume of 85.76 million over the last three months.
Financial Performance and Market Capitalization
D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 73.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.61B and boasts a workforce of 200 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.56, with a change in price of +4.29. Similarly, D-Wave Quantum Inc recorded 59,691,590 in trading volume during the last 100 days, posting a change of +480.00%.
QBTS Stock Stochastic Average
D-Wave Quantum Inc’s raw stochastic average for the past 50 days is currently at 18.77%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 19.37%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.53% and 22.38%, respectively.
QBTS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -38.33%.However, over the last six months, we can see a weaker performance of 457.71%. Over the last 30 days, the price of QBTS has leaped by -17.25%. And in the last five days, it has fallen by -5.47%.
