Quantum Biopharma (NASDAQ:QNTM – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.71) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.49), Zacks reports.
Quantum Biopharma Price Performance
Shares of NASDAQ:QNTM opened at $4.77 on Friday. The company has a market cap of $18.22 million, a P/E ratio of -0.55 and a beta of 0.32. Quantum Biopharma has a 1 year low of $2.07 and a 1 year high of $38.25. The stock’s fifty day moving average price is $3.96 and its 200-day moving average price is $8.85.
Hedge Funds Weigh In On Quantum Biopharma
A hedge fund recently bought a new stake in Quantum Biopharma stock. Virtu Financial LLC purchased a new stake in shares of Quantum Biopharma Ltd. (NASDAQ:QNTM – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,406 shares of the company’s stock, valued at approximately $76,000. Virtu Financial LLC owned 0.27% of Quantum Biopharma at the end of the most recent reporting period. 1.24% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Get Our Latest Stock Analysis on QNTM
About Quantum Biopharma
Quantum Biopharma Ltd. is a biotechnology pharmaceutical research and development company, which focuses on the cultivation, process, and sale of medical cannabis. It operates through the Biotechnology and Strategic Investments segments. The Biotechnology segment is involved in the research and development of the company’s three drug candidates consisting of FSD-PEA, Lucid-PSYCH, and Lucid-MS. The Strategic Investments segment is focused on generating returns and cashflow through the issuance of loans secured by residential or commercial property.
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