IQM Quantum Computers (NASDAQ:IQMX – Get Free Report)’s share price was up 7.5% during trading on Thursday . The stock traded as high as $9.81 and last traded at $9.7850. Approximately 49,527 shares were traded during mid-day trading, a decline of 89% from the average session volume of 461,517 shares. The stock had previously closed at $9.10.
Analyst Ratings Changes
Separately, Rothschild & Co Redburn started coverage on IQM Quantum Computers in a research note on Monday, July 27th. They set a “neutral” rating and a $12.88 target price on the stock. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $12.88.
IQM Quantum Computers Trading Up 7.5%
IQM Quantum Computers Company Profile
IQM Quantum Computers is a quantum computing company focused on developing superconducting quantum processors, quantum computers, and related software and services. The company works to make quantum technology available for research institutions, enterprises, and other organizations seeking to explore and apply quantum computing in practical settings.
Founded in Finland, IQM has positioned itself as a European developer in the quantum computing industry. Its offerings are centered on full-stack quantum computing solutions, including hardware, control systems, and cloud-based access to quantum resources, with an emphasis on helping customers experiment with and build quantum applications.
The company serves customers and collaborators in Europe and other international markets through its commercial and research relationships.
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