Quantum Base (LON:QUBE) Hits New 12-Month Low – Time to Sell?

Quantum Base Holdings (LON:QUBE – Get Free Report)’s stock price hit a new 52-week low on Wednesday. The stock 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 Price Performance

The company has a market capitalization of £10.97 million and a P/E ratio of -4.33. The firm has a fifty day moving average price of GBX 18.91 and a 200-day moving average price of GBX 21.74.

Quantum Base (LON:QUBE – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported GBX (3) earnings per share for the quarter. The company had revenue of GBX 47 million for 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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