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

Quantum X Labs Inc. (NASDAQ:QXL) CEO Yakov Baranes purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was acquired at an average price of $4.88 per share, for a total transaction of $24,400.00. Following the transaction, the chief executive officer owned 358,177 shares of the company’s stock, valued at $1,747,903.76. The trade was a 1.42% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Quantum X Labs Stock Up 5.7%

NASDAQ QXL opened at $5.16 on Thursday. Quantum X Labs Inc. has a 1 year low of $0.96 and a 1 year high of $7.70. The firm has a market capitalization of $111.30 million, a price-to-earnings ratio of -20.64 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 (NASDAQ:QXL) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.12 earnings per share for the quarter. The company had revenue of $0.29 million for the quarter.

Analysts Set New Price Targets

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

About Quantum X Labs

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.