XTX Topco Ltd acquired a new position in Quantum Computing Inc. (NASDAQ:QUBT – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 69,999 shares of the company’s stock, valued at approximately $46,000. XTX Topco Ltd owned about 0.07% of Quantum Computing at the end of the most recent reporting period.
Quantum Computing Trading Up 16.4 %
NASDAQ:QUBT opened at $17.62 on Monday. The company has a market cap of $2.10 billion, a price-to-earnings ratio of -60.76 and a beta of 3.11. Quantum Computing Inc. has a twelve month low of $0.35 and a twelve month high of $27.15. The stock has a fifty day simple moving average of $4.89 and a 200-day simple moving average of $2.12.
Quantum Computing (NASDAQ:QUBT – Get Free Report) last posted its quarterly earnings results on Wednesday, October 2nd. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.02. The company had revenue of $0.18 million during the quarter.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on Quantum Computing
Quantum Computing Profile
Quantum Computing Inc, an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.
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