Quantum BioPharma Ltd [NASDAQ: QNTM] traded at a high on Friday, posting a 2.15 gain after which it closed the day’ session at $8.56.
The results of the trading session contributed to over 14076844 shares changing hands. Over the past one week, the price volatility of Quantum BioPharma Ltd stands at 26.66% while the volatility over the past one month is 19.53%.
The market cap for QNTM stock reached $16.44 million, with 2.30 million shares outstanding and 1.59 million shares in the current float. Compared to the average trading volume of 2.60M shares, QNTM reached a trading volume of 14076844 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Quantum BioPharma Ltd [QNTM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QNTM shares is $12.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QNTM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Quantum BioPharma Ltd is set at 1.49 The Price to Book ratio for the last quarter was 1.71, with the Price to Cash per share for the same quarter was set at 4.20.
How has QNTM stock performed recently?
Quantum BioPharma Ltd [QNTM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 51.24. With this latest performance, QNTM shares gained by 73.28% in over the last four-week period, additionally plugging by 125.26% over the last 6 months – not to mention a drop of -81.21% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for QNTM stock in for the last two-week period is set at 64.78, with the RSI for the last a single of trading hit 71.84, and the three-weeks RSI is set at 60.89 for Quantum BioPharma Ltd [QNTM]. The present Moving Average for the last 50 days of trading for this stock 6.08, while it was recorded at 7.06 for the last single week of trading, and 6.01 for the last 200 days.
Quantum BioPharma Ltd [QNTM]: Deeper insight into the fundamentals
Quantum BioPharma Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.79 and a Current Ratio set at 1.80.
Insider trade positions for Quantum BioPharma Ltd [QNTM]
There are presently around $14.84%, or 16.76%% of QNTM stock, in the hands of institutional investors.
