IonQ Inc’s filing revealed that its Chief Revenue Officer Alameddine Rima unloaded Company’s shares for reported $0.63 million on Dec 11 ’24. In the deal valued at $29.73 per share,21,337 shares were sold. As a result of this transaction, Alameddine Rima now holds 571,321 shares worth roughly $28.33 million.
Then, Kramer Thomas G. sold 9,780 shares, generating $290,633 in total proceeds. Upon selling the shares at $29.72, the Chief Financial Officer now owns 926,114 shares.
Before that, Chapman Peter Hume sold 13,106 shares. IonQ Inc shares valued at $389,660 were divested by the President and CEO at a price of $29.73 per share. As a result of the transaction, Chapman Peter Hume now holds 414,363 shares, worth roughly $20.55 million.
DA Davidson initiated its IonQ Inc [IONQ] rating to a Buy in a research note published on December 19, 2024; the price target was $50. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who remained covering the stock and in mid August has reiterated a ‘”a Buy”‘ rating for it. Morgan Stanley began covering IONQ with “an Equal-weight” recommendation on April 26, 2023. Needham started covering the stock on June 08, 2022. It rated IONQ as “a Buy”.
Price Performance Review of IONQ
On Tuesday, IonQ Inc [NYSE:IONQ] saw its stock fall -2.90% to $49.59. Over the last five days, the stock has gained 11.97%. IonQ Inc shares have risen nearly 18.72% since the year began. Nevertheless, the stocks have risen 313.25% over the past one year. While a 52-week high of $51.66 was reached on 01/07/25, a 52-week low of $6.22 was recorded on 01/02/25. SMA at 50 days reached $31.85, while 200 days put it at $14.24.
Levels Of Support And Resistance For IONQ Stock
The 24-hour chart illustrates a support level at 47.30, which if violated will result in even more drops to 45.01. On the upside, there is a resistance level at 53.31. A further resistance level may holdings at 57.03. The Relative Strength Index (RSI) on the 14-day chart is 63.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.30%. Stochastics %K at 88.16% 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 2024-12-13, dropping by -6.94 million shares to a total of 31.07 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 38.02 million shares. There was a decline of -22.34%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 22, 2021 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $28 price target.
