Van ECK Associates Corp Makes New Investment in Quantum eMotion Corp $QNC

Van ECK Associates Corp bought a new position in Quantum eMotion Corp (NYSEAMERICAN:QNC) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 1,245,282 shares of the company’s stock, valued at approximately $3,877,000. Van ECK Associates Corp owned about 0.57% of Quantum eMotion as of its most recent SEC filing.

Separately, Kingsview Wealth Management LLC grew its holdings in shares of Quantum eMotion by 4.8% in the second quarter. Kingsview Wealth Management LLC now owns 346,925 shares of the company’s stock valued at $1,082,000 after purchasing an additional 15,900 shares during the period.

Quantum eMotion Trading Down 6.9%

Quantum eMotion stock opened at $1.75 on Friday. The stock’s 50-day moving average price is $2.33. Quantum eMotion Corp has a 12-month low of $0.78 and a 12-month high of $4.56. The firm has a market capitalization of $383.99 million and a PE ratio of -29.17.

Quantum eMotion Company Profile

Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.