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How Do Quantum FinTech Acquisition Corporation (NYSE:QFTA)’s Fundamentals Affect Performance

January 24, 2023
in Industry

The price of Quantum FinTech Acquisition Corporation (NYSE:QFTA) shares last traded on Wall Street unchanged to $10.13.

QFTA stock price is now 1.46% away from the 50-day moving average and 2.31% away from the 200-day moving average. The market capitalization of the company currently stands at $254.77M.

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A total of 0.70% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in QFTA stock. A new stake in Quantum FinTech Acquisition Corporation shares was purchased by BNP PARIBAS ARBITRAGE, SNC during the first quarter worth $1,753,000. CUBIST SYSTEMATIC STRATEGIES, LLC invested $707,000 in shares of QFTA during the first quarter. In the first quarter, SEA OTTER ADVISORS LLC acquired a new stake in Quantum FinTech Acquisition Corporation valued at approximately $658,000. OLD MISSION CAPITAL, LLC acquired a new stake in QFTA for approximately $321,000. In total, there are 53 active investors with 80.50% ownership of the company’s stock.

A candlestick chart of Quantum FinTech Acquisition Corporation (NYSE: QFTA) showed a price of $10.13 on Monday morning. During the past 12 months, Quantum FinTech Acquisition Corporation has had a low of $9.83 and a high of $10.14. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.00, and a quick ratio of 0.00. The fifty day moving average price for QFTA is $9.99 and a two-hundred day moving average price translates $9.90 for the stock.

The latest earnings results from Quantum FinTech Acquisition Corporation (NYSE: QFTA) was released for Jun, 2022.

Quantum FinTech Acquisition Corporation(QFTA) Company Profile

Quantum FinTech Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. Quantum FinTech Acquisition Corporation was incorporated in 2020 and is based in Tampa, Florida.

Tags: NYSE:QFTAQFTAQFTA stockQuantum FinTech Acquisition Corporation

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