IonQ Inc (NYSE:IONQ) shares traded -2.13% lower at $28.09 on Wall Street last session.
IONQ stock price is now 12.03% away from the 50-day moving average and 25.34% away from the 200-day moving average. The market capitalization of the company currently stands at $6.26B.
With the price target of $50, DA Davidson recently initiated with Buy rating for IonQ Inc (NYSE: IONQ). On August 11, 2023, Craig Hallum reiterated its ‘Buy’ rating on the stock by increasing its target price from $12 to quote $21, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Alameddine Rima, Chief Revenue Officer sold 20,047 shares of the company’s stock on Mar 11 ’25. The stock was sold for $372,263 at an average price of $18.57. Upon completion of the transaction, the Chief Revenue Officer now directly owns 572,568 shares in the company, valued at $16.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’25, Executive Chair Chapman Peter Hume sold 12,069 shares of the business’s stock. A total of $224,115 was realized by selling the stock at an average price of $18.57. This leaves the insider owning 402,294 shares of the company worth $11.3 million. A total of 8.13% of the company’s stock is owned by insiders.
During the past 12 months, IonQ Inc has had a low of $6.22 and a high of $54.74. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 10.50, and a quick ratio of 9.98. The fifty day moving average price for IONQ is $25.0732 and a two-hundred day moving average price translates $22.411 for the stock.
The latest earnings results from IonQ Inc (NYSE: IONQ) was released for 2024-12-31. The net profit margin was -769.96% and return on equity was -76.34% for IONQ. The company reported revenue of $11.71 million for the quarter, compared to $6.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 91.78 percent.
