The trading price of Quantum Computing Inc (NASDAQ:QUBT) closed higher on Monday, April 14, and closing at $6.99, 2.19% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $6.76 and $7.575. In examining the 52-week price action we see that the stock hit a 52-week high of $27.15 and a 52-week low of $0.35. Over the past month, the stock has lost -1.41% in value.
Quantum Computing Inc, whose market valuation is $959.38 million at the time of this writing, is expected to release its quarterly earnings report on 2025-Mar-19. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.05 per share this quarter, however they have predicted annual earnings per share of -0.21 for current year and 0 for next year.
Analysts have forecast the company to bring in revenue of 300k for the current quarter, with the likely lows of 300k and highs of 300k. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 1.5M.
On the technical side, indicators suggest QUBT has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned QUBT a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Quantum Computing Inc (QUBT) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that QUBT’s price is currently -7.79% off the SMA20 and -4.43% off the SMA50. The RSI metric on the 14-day chart is currently showing 47.56, and weekly volatility stands at 12.72%. When measured over the past 30 days, the indicator reaches 14.38%. Quantum Computing Inc (NASDAQ:QUBT)’s beta value is currently sitting at 3.74, while the Average True Range indicator is currently displaying 0.96.
To see how Quantum Computing Inc stock has been performing in comparison to its peers in the industry, here are the numbers: QUBT stock’s performance was 2.19% in the latest trading, and 693.42% in the past year.
An evaluation of the daily trading volume of Quantum Computing Inc (NASDAQ:QUBT) indicates that the 3-month average is 23.07 million. However, this figure has increased over the past 10 days to an average of 12.38.
Currently, records show that 129.01 million of the company’s shares remain outstanding. The insiders hold 18.27% of outstanding shares, whereas institutions hold 16.65%. The stats also highlight that short interest as of 2025-03-31, stood at 23.62 million shares, resulting in a short ratio of 0.98 at that time. From this, we can conclude that short interest is 2096.00 of the company’s total outstanding shares. It is noteworthy that short shares in March were up slightly from the previous month’s figure, which was 19.51 million. However, since the stock’s price has seen -57.76% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
