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 $1.46, up 14.06% from the previous day, and has decreased 49.66% in one year. It has underperformed other stocks in the Computer Hardware industry by 0.72 percentage points. Quantum Computing stock is currently +40.38% from its 52-week low of $1.04, and -66.82% from its 52-week high of $4.40.
As of Jun 6, 2023, there are 61.51M QUBT shares outstanding. The market value of QUBT is $89.81M. In the past 24 hours, 3.07M 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.
Our favorite brokerage: eToro
In our opinion, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
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.
- Input your personal data to open a new brokerage account.
- Send your details by pressing the "Create Account" button.
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 1.17x, relative to Computer Hardware industry P/B ratio of 8.21x
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 0.16.
- There are more short-term assets than long-term liabilities on the QUBT balance sheet.
Negative Health Checks:
- QUBT profit margin has gone up by 835.15 percentage points in the past year, but the company is still unprofitable.
- QUBT has $6.76M in cash and short term investments. This is not enough to cover its annual cash burn of $19.33M.
- There are more short-term liabilities than short-term assets on the QUBT balance sheet.
- QUBT has cash burn of 19334322. It does not have sufficient cash and short-term investments to cover this.
QUBT Momentum
QUBT Revenue
Last year, QUBT revenue was $224.94k. During the past 1 years, QUBT's revenue has increased by 620.03% per year. This was faster than the Computer Hardware industry average of 19.76%.
Dive into QUBT's earnings and revenue performance here.
Latest Insiders Trades at QUBT
In the last year, insiders at QUBT have not bought or sold any shares.
Dig into more about who owns QUBT stock here.
Can I get consistent income from QUBT stock?
No, Quantum Computing doesn't provide an income stream by paying out dividends.
QUBT Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your QUBT buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you 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 particular dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your QUBT investment
Now that you own some shares in QUBT, you'll want to keep up with your new stock purchase.
Start a watchlist to track the latest developments regarding your QUBT stock.
QUBT Feed
How to Buy Stock in Quantum Computing
To reiterate, here are the 6 steps for buying Quantum Computing stock:
- 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 require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Quantum Computing, add QUBT to your watchlist by clicking the button below.
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