Quantum Base (LON:QUBE) Hits New 12-Month Low – What’s Next?

Shares of Quantum Base Holdings (LON:QUBE – Get Free Report) hit a new 52-week low on Wednesday. The company traded as low as GBX 13 and last traded at GBX 14.50, with a volume of 252,218 shares trading hands. The stock had previously closed at GBX 13.50.

Quantum Base Stock Up 7.4%

The firm has a 50-day moving average of GBX 19.16 and a two-hundred day moving average of GBX 21.83. The stock has a market capitalization of £12.23 million and a price-to-earnings ratio of -2.56.

Quantum Base (LON:QUBE – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported GBX (3) EPS for the quarter. The business had revenue of GBX 47 million during the quarter.

Quantum Base Company Profile

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Quantum Base Holdings plc is the quantum science company creating a new global standard in authentication.

Quantum Base is focused on the development and application of its patented Q-ID solution – unbreakable and non-replicable authenticity tags that can be applied to a vast array of products, significantly mitigating counterfeiting. By harnessing the randomness that is inherent at the atomic level, Q-ID tags are practically impossible to replicate using even the most advanced available technology.

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