A share price of Quantum Computing Inc [QUBT] is currently trading at $0.80, up 6.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QUBT shares have gain 13.80% over the last week, with a monthly amount drifted -19.28%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Quantum Computing Inc experienced fluctuations in its stock price throughout the past year between $0.63 and $1.81. Quantum Computing Inc [NASDAQ: QUBT] shares were valued at $0.80 at the most recent close of the market.
Analyzing the QUBT fundamentals
Trailing Twelve Months sales for Quantum Computing Inc [NASDAQ:QUBT] were 0.36M which represents 5760.17% growth. Gross Profit Margin for this corporation currently stands at -12.59% with Operating Profit Margin at -76.03%, Pretax Profit Margin comes in at -83.04%, and Net Profit Margin reading is -2689.26%. To continue investigating profitability, this company’s Return on Assets is posted at -12.23, Equity is -12.49 and Total Capital is -0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7613 points at the first support level, and at 0.7235 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8280, and for the 2nd resistance point, it is at 0.8569.
Quantum Computing Inc [QUBT] reported earnings per share of -$0.11 for its fiscal quarter that ended on 9/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.1/share, meaning a difference of -$0.01 and a surprise factor of -10.00%. By comparison, the stated earnings for the previous quarter ended on 6/30/2023 were -$0.07 per share as compared to estimates of -$0.11 per share, a difference of $0.04 representing a surprise of 36.40%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Quantum Computing Inc [NASDAQ:QUBT] is 0.69. As well, the Quick Ratio is 0.67, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 202.82, the price to book ratio is 0.84.
Transactions by insiders
Recent insider trading involved Liscouski Robert, President, CEO, that happened on Sep 27 ’23 when 15000.0 shares were sold. President, CEO, Liscouski Robert completed a deal on Aug 25 ’23 to sell 15000.0 shares. Meanwhile, President, CEO Liscouski Robert sold 15000.0 shares on Jul 28 ’23.
