Key Points
- CEO Yakov Baranes purchased 5,000 Quantum X Labs shares at an average price of $4.88, investing $24,400 and increasing his ownership by 1.42% to 358,177 shares.
- Quantum X Labs reported quarterly EPS of $0.12 on revenue of $0.29 million. Its shares opened at $5.70, with a market capitalization of approximately $122.9 million and a 52-week range of $0.96 to $7.70.
- Analyst sentiment remains negative: Weiss Ratings initiated coverage with a “Sell (D-)” rating, and the stock’s average rating is “Sell.”
Quantum X Labs Inc. (NASDAQ:QXL - Get Free Report) CEO Yakov Baranes purchased 5,000 shares of the stock in a transaction dated Tuesday, September 15th. The shares were purchased at an average price of $4.88 per share, with a total value of $24,400.00. Following the completion of the acquisition, the chief executive officer owned 358,177 shares of the company's stock, valued at approximately $1,747,903.76. This represents a 1.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Quantum X Labs Stock Performance
Shares of NASDAQ QXL opened at $5.70 on Friday. The company has a market cap of $122.94 million, a P/E ratio of -22.80 and a beta of 2.32. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.01. Quantum X Labs Inc. has a 1 year low of $0.96 and a 1 year high of $7.70.
Quantum X Labs (NASDAQ:QXL - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $0.29 million for the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings started coverage on shares of Quantum X Labs in a research report on Friday, August 21st. They issued a "sell (d-)" rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, Quantum X Labs has an average rating of "Sell".
Check Out Our Latest Research Report on QXL
Quantum X Labs Company Profile
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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.
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