The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. D-Wave Quantum Inc’s current trading price is -17.80% away from its 52-week high, while its distance from the 52-week low is 2151.83%. The stock’s price range for this period has been between $0.75 and $20.56 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 42.83 million for the day, a number notably lower than the average daily volume of 71.53 million over the last three months.
At present, D-Wave Quantum Inc (QBTS) has a stock price of $16.9. In the previous session, the stock saw a rise, peaking at $30.0 after an opening price of $16.9. The day’s lowest price was $20.0, and it closed at $17.17.
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 62.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.78B and boasts a workforce of 220 employees.
D-Wave Quantum Inc: What Analysts Are Saying
As of right now, 7 analysts are rating D-Wave Quantum Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 0.06. Similarly, the long-term debt-to-equity ratio is also 0.06.
QBTS Stock Stochastic Average
As of today, D-Wave Quantum Inc’s raw stochastic average for the last 50 days stands at 82.24%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 72.85%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 59.85% and 51.36%, respectively.
QBTS Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 1843.20%.However, over the last six months, we can see a weaker performance of 182.14%. Over the last 30 days, the price of QBTS has fallen by 5.56%. And in the last five days, it has surged by 3.17%.
