Quantum Base (LON:QUBE) Trading Up 5.3% – Should You Buy?

Quantum Base Holdings (LON:QUBE)’s share price traded up 5.3% during mid-day trading on Wednesday . The stock traded as high as GBX 26 and last traded at GBX 25.80. 141,499 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 114,820 shares. The stock had previously closed at GBX 24.50.

Quantum Base Stock Performance

The stock has a market cap of £21.94 million and a PE ratio of -4.59. The company’s fifty day moving average is GBX 24.28.

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

Insider Buying and Selling at Quantum Base

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

Quantum Base Company Profile

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.