IonQ Inc’s recently made public that its Chief Revenue Officer Alameddine Rima unloaded Company’s shares for reported $0.41 million on Oct 28 ’24. In the deal valued at $17.75 per share,22,875 shares were sold. As a result of this transaction, Alameddine Rima now holds 592,658 shares worth roughly $22.5 million.
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Then, RIMA ALAMEDDINE & ZIAD ALAMED bought 22,875 shares, generating $387,960 in total proceeds.
Before that, Alameddine Rima sold 12,000 shares. IonQ Inc shares valued at $188,640 were divested by the Chief Revenue Officer at a price of $15.72 per share. As a result of the transaction, Alameddine Rima now holds 615,533 shares, worth roughly $23.37 million.
Craig Hallum reiterated its IonQ Inc [IONQ] rating to a Buy in a research note published on August 11, 2023; the price target was $21. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in late April with a ‘”an Equal-weight”‘ rating. Needham began covering IONQ with “Buy” recommendation on June 08, 2022. Goldman started covering the stock on November 22, 2021. It rated IONQ as “a Neutral”.
Price Performance Review of IONQ
On Friday, IonQ Inc [NYSE:IONQ] saw its stock jump 5.62% to $37.97. Over the last five days, the stock has gained 4.03%. IonQ Inc shares have risen nearly 206.46% since the year began. Nevertheless, the stocks have risen 192.75% over the past one year. While a 52-week high of $37.64 was reached on 12/06/24, a 52-week low of $6.22 was recorded on 08/05/24. SMA at 50 days reached $19.83, while 200 days put it at $11.13.
Levels Of Support And Resistance For IONQ Stock
The 24-hour chart illustrates a support level at 35.76, which if violated will result in even more drops to 33.56. On the upside, there is a resistance level at 39.31. A further resistance level may holdings at 40.65. The Relative Strength Index (RSI) on the 14-day chart is 71.52, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.71, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.96%. Stochastics %K at 86.78% indicates the stock is a selling.
How much short interest is there in IonQ Inc?
A steep rise in short interest was recorded in IonQ Inc stocks on 2024-11-15, dropping by -4.13 million shares to a total of 38.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 42.14 million shares. There was a decline of -10.86%, which implies that there is a negative sentiment for the stock.
