In Monday’s Wall Street session, IonQ Inc (NYSE:IONQ) shares traded at $40.06, up 2.67% from the previous session.
IONQ stock price is now 27.94% away from the 50-day moving average and 51.68% away from the 200-day moving average. The market capitalization of the company currently stands at $9.93B.
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, Kramer Thomas G., Officer bought 13,910 shares of the company’s stock on Jun 11 ’25. The stock was bought for $542,769 at an average price of $39.02. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 11 ’25, Officer Alameddine Rima bought 28,540 shares of the business’s stock. A total of $1,113,631 was incurred on buying the stock at an average price of $39.02. A total of 4.90% 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 0.02, a current ratio of 13.17, and a quick ratio of 12.67.
The net profit margin was -753.20% and return on equity was -52.11% for IONQ. The company reported revenue of $7.57 million for the quarter, compared to $7.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.21 percent. For the current quarter, analysts expect IONQ to generate $17.23M in revenue.
