Shares of Horizon Quantum Computing Pte. Ltd. (NASDAQ:HQ – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $14.65 and last traded at $12.50, with a volume of 131617 shares trading hands. The stock had previously closed at $13.90.
Analyst Ratings Changes
A number of research firms have commented on HQ. Wall Street Zen lowered Horizon Quantum Computing Pte. to a “strong sell” rating in a research note on Saturday. Weiss Ratings assumed coverage on Horizon Quantum Computing Pte. in a report on Tuesday, April 21st. They set a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Horizon Quantum Computing Pte. currently has an average rating of “Sell”.
Check Out Our Latest Research Report on HQ
Horizon Quantum Computing Pte. Stock Performance
Horizon Quantum Computing Pte. (NASDAQ:HQ – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The quantum computing company reported ($0.09) earnings per share for the quarter.
About Horizon Quantum Computing Pte.
Horizon Quantum Holdings Ltd. is a quantum software infrastructure company focused on tools and systems that help developers build and deploy quantum applications. The company emphasizes software, algorithms, and workflow infrastructure intended to support practical quantum and hybrid quantum-classical use cases.
Horizon Quantum became a public company through its business combination with dMY Squared Technology Group, Inc (DMYY), which was formed to take a private company public through a business combination.
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