How to Buy Quantum Computing Stock
Quantum Computing Inc
Quantum Computing, Inc. focuses on providing software tools and applications for quantum computers in Virginia.
Quantum Computing stock last closed at $0.75, down 0.66% from the previous day, and has decreased 37.33% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.74 percentage points. Quantum Computing stock is currently +18.61% from its 52-week low of $0.63, and -58.45% from its 52-week high of $1.81.
As of Apr 24, 2024, there are 91.36M QUBT shares outstanding. The market value of QUBT is $68.70M. In the past 24 hours, 829,799 QUBT shares were traded.
How to Buy Quantum Computing Stock
Wondering how to invest in Quantum Computing stock? Here's how.
- Figure out where to buy Quantum Computing stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Quantum Computing stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your information.
- Research Quantum Computing stock: The Quantum Computing ticker symbol is QUBT. Is Quantum Computing stock a good investment? Should you buy shares of QUBT? How do QUBT's underlying business fundamentals look? Do top analysts think Quantum Computing is a good buy? Why has QUBT's stock price moved recently? (Hint: Our stock market research tools can help you figure out if QUBT is a good stock to buy).
- Make your QUBT buy order: Decide if you will purchase QUBT shares at the current market price or use a limit order to purchase QUBT stock at a specific price.
- Keep tabs on your QUBT investment: Create a watchlist to keep tabs on your new investment in Quantum Computing stock.
Step 1: Figure out where to buy Quantum Computing stock
You need an online brokerage account in order to access the NASDAQ market and buy QUBT stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you can buy QUBT today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on one of the best stock apps, you can securely and quickly fund your account:
Watch this video walkthrough for more details depositing funds into your new investment account.
Step 4: Research Quantum Computing stock
Once you have decided on the best place to buy Quantum Computing stock, it's critical to analyze their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Quantum Computing Metrics
Fundamentals of QUBT
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on QUBT's stock page.
Is QUBT stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge QUBT's fair value.
Using relative valuations metrics:
- QUBT could be undervalued based on its P/B ratio of 0.94x, relative to Computer Hardware industry P/B ratio of 13.22x
You can access additional valuation analysis on QUBT's stock here.
QUBT Financial Health Overview
Positive Health Checks:
- QUBT has a low debt to equity ratio of 0.08.
- There are more short-term assets than long-term liabilities on the QUBT balance sheet.
- Total QUBT debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- QUBT has $2.62M in cash and short term investments. This is not enough to cover its annual cash burn of $22.06M.
- QUBT profit margin has gone up by 201.48 percentage points in the past year, but the company is still unprofitable.
- QUBT has cash burn of 22058511. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the QUBT balance sheet.
Do analysts think it's a good time to buy Quantum Computing stock
Out of 1 Equities analysts who give ratings on QUBT, the consensus analyst rating on QUBT is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Quantum Computing stock forecast page.
Metrics for Advanced QUBT Traders
QUBT Earnings
Last year, QUBT revenue was $358.05k. Over the past 1 years, QUBT's revenue has increased by 163.95% per year. This was faster than the Computer Hardware industry average of 9.07%.
Learn more about QUBT's earnings and revenue performance here.
Latest Insiders Trades at QUBT
Over the past 12 months, executives and large shareholders at QUBT have sold more shares than they have bought.
Robert Liscouski, President CEO of QUBT, was the latest QUBT insider to sell. They sold $16,500.00 worth of QUBT shares on Sep 27, 2023.
Learn more about who owns QUBT stock here.
Does QUBT provide a stable income stream?
No, Quantum Computing doesn't provide an income stream by paying out dividends.
What do other traders have to say about QUBT?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your QUBT buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Press the Open Trade button and your broker will place your order.
If you require more help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your QUBT investment
Now that you own some QUBT shares, you'll want to keep up with your company.
Make a watchlist to get notified of the latest news about your QUBT stock.
QUBT Feed
How to Buy Stock in Quantum Computing
To summarize, here are the 6 steps to buy stock in Quantum Computing:
- Figure out where to buy Quantum Computing stock
- Open your brokerage account
- Deposit money your investment account
- Research Quantum Computing stock
- Make your QUBT buy order
- Keep tabs on your QUBT investment
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Quantum Computing, click the button below.
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