Quantum Computing Inc [NASDAQ: QUBT] slipped around -0.83 points on Friday, while shares priced at $16.68 at the close of the session, down -4.74%.
Compared to the average trading volume of 25.94M shares, QUBT reached a trading volume of 21358512 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 Computing Inc [QUBT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QUBT shares is $22.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QUBT 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 Computing Inc is set at 1.79, with the Price to Sales ratio for QUBT stock in the period of the last 12 months amounting to 6026.33. The Price to Book ratio for the last quarter was 10.37, with the Price to Cash per share for the same quarter was set at 1.18.
How has QUBT stock performed recently?
Quantum Computing Inc [QUBT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.75. With this latest performance, QUBT shares gained by 86.79% in over the last four-week period, additionally plugging by 118.90% over the last 6 months – not to mention a rise of 2352.94% in the past year of trading.
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Quantum Computing Inc [QUBT]: Deeper insight into the fundamentals
Quantum Computing Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 44.66 and a Current Ratio set at 44.69.
Insider trade positions for Quantum Computing Inc [QUBT]
The top three institutional holders of QUBT stocks are: VANGUARD GROUP INC with ownership of 2.23 million shares, which is approximately 2.3836%. GEODE CAPITAL MANAGEMENT, LLC, holding 0.62 million shares of the stock with an approximate value of $$0.31 million in QUBT stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$0.15 million in QUBT stock with ownership which is approximately 0.3134%.