Yakov Baranes Acquires 5,000 Shares of Quantum X Labs (NASDAQ:QXL) Stock

Quantum X Labs Inc. (NASDAQ:QXL) CEO Yakov Baranes acquired 5,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was purchased at an average cost of $4.88 per share, with a total value of $24,400.00. Following the acquisition, the chief executive officer directly owned 358,177 shares of the company’s stock, valued at $1,747,903.76. This represents a 1.42% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Quantum X Labs Trading Down 2.8%

Shares of Quantum X Labs stock opened at $5.54 on Friday. The stock has a market capitalization of $119.50 million, a price-to-earnings ratio of -22.16 and a beta of 2.32. Quantum X Labs Inc. has a fifty-two week low of $0.96 and a fifty-two week high of $7.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.86 and a quick ratio of 0.86.

Quantum X Labs (NASDAQ:QXL) last posted its earnings results on Thursday, August 13th. The company reported $0.12 EPS for the quarter. The business had revenue of $0.29 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Quantum X Labs in a report on Friday, August 21st. They issued a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Quantum X Labs Company Profile

Viewbix Inc operates as an interactive video technology and data platform company in Israel. The company develops an interactive video platform based on SaaS business model with interactive elements and ability to collect and analyze information about each interactive action performed during the viewing of the video clip, as well as allows advertiser to analyze user viewing habits and optimize real-time throughout the campaign while increasing the effectiveness of online and live video advertising.