Quantum Base (LON:QUBE) Stock Price Up 4.3% – Time to Buy?

Quantum Base Holdings (LON:QUBE)’s share price rose 4.3% on Thursday . The company traded as high as GBX 24 and last traded at GBX 24. Approximately 25,427 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 91,002 shares. The stock had previously closed at GBX 23.

Quantum Base Price Performance

The company’s 50-day moving average price is GBX 24.61. The firm has a market cap of £20.25 million and a PE ratio of -4.23.

Quantum Base (LON:QUBE) last announced its quarterly earnings results on Thursday, January 29th. The company reported GBX (2) EPS for the quarter.

Insider Activity

In other news, insider Mark Joseph Fahy sold 117,647 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of GBX 24, for a total value of £28,235.28. 27.91% of the stock is owned by insiders.

About Quantum Base

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.