IonQ Inc (IONQ) concluded trading on Wednesday at a closing price of $8.15, with 4.2 million shares of worth about $34.21 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.76% during that period and on July 31, 2024 the price saw a gain of about 4.49%. Currently the company’s common shares owned by public are about 206.61M shares, out of which, 180.13M shares are available for trading.
Stock saw a price change of 6.96% in past 5 days and over the past one month there was a price change of 19.15%. Year-to-date (YTD), IONQ shares are showing a performance of -34.22% which decreased to -57.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.33 but also hit the highest price of $21.60 during that period. The average intraday trading volume for IonQ Inc shares is 4.67 million. The stock is currently trading 1.72% above its 20-day simple moving average (SMA20), while that difference is up 3.78% for SMA50 and it goes to -19.57% lower than SMA200.
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IonQ Inc (NYSE: IONQ) currently have 206.61M outstanding shares and institutions hold larger chunk of about 36.14% of that.
The stock has a current market capitalization of $1.72B and its 3Y-monthly beta is at 2.03. It has posted earnings per share of -$0.83 in the same period. It has Quick Ratio of 11.34 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IONQ, volatility over the week remained 7.00% while standing at 7.08% over the month.
Stock’s fiscal year EPS is expected to drop by -11.22% while it is estimated to increase by 5.48% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on August 11, 2023 offering a Buy rating for the stock and assigned a target price range of between $12 and $21 to it. Coverage by Morgan Stanley stated IonQ Inc (IONQ) stock as an Equal-weight in their note to investors on April 26, 2023, suggesting a price target of $7 for the stock. On June 08, 2022, Needham Initiated their recommendations, while on November 22, 2021, Goldman Initiated their ratings for the stock with a price target of $28.
