IonQ Inc’s recent filing unveils 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 $12.77 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 $9.26 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 -3.29% to $22.35. Over the last five days, the stock has lost -24.82%. IonQ Inc shares have fallen nearly -46.49% since the year began. Nevertheless, the stocks have risen 115.73% over the past one year. While a 52-week high of $54.74 was reached on 01/07/25, a 52-week low of $6.22 was recorded on 03/04/25. SMA at 50 days reached $38.02, while 200 days put it at $19.26.
Levels Of Support And Resistance For IONQ Stock
The 24-hour chart illustrates a support level at 21.06, which if violated will result in even more drops to 19.77. On the upside, there is a resistance level at 23.42. A further resistance level may holdings at 24.49. The Relative Strength Index (RSI) on the 14-day chart is 24.53, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.83%. Stochastics %K at 6.12% indicates the stock is a buying.
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.
