Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. D-Wave Quantum Inc’s current trading price is -20.82% away from its 52-week high, while its distance from the 52-week low is 1985.28%. The stock’s price range over this period has fluctuated between $0.75 and $19.76. The company, operating within the financial sector, had a trading volume of approximately 55.76 million for the day, which was noticeably lower than the average daily share volume of 67.42 million over the last 3 months.
The market performance of D-Wave Quantum Inc’s stock has been harmonious in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
D-Wave Quantum Inc (QBTS) has experienced a quarterly rise of 80.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.89B and boasts a workforce of 220 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for QBTS stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.18.
QBTS Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 1215.13%. However, over the past six months, we’ve seen a weaker performance of 116.46%. The price of QBTS leaped by -5.50% over the last 30 days. And in the last five days, it has fallen by -1.45%.
