Van ECK Associates Corp Buys Shares of 1,245,282 Quantum eMotion Corp $QNC

Van ECK Associates Corp purchased a new stake in shares of Quantum eMotion Corp (NYSEAMERICAN:QNC) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,245,282 shares of the company’s stock, valued at approximately $3,877,000.

Separately, Bank of New York Mellon Corp acquired a new position in shares of Quantum eMotion in the 2nd quarter worth approximately $2,469,000.

Quantum eMotion Price Performance

NYSEAMERICAN:QNC opened at $1.75 on Friday. The stock has a market cap of $383.99 million and a PE ratio of -29.17. The business’s 50 day moving average is $2.33. Quantum eMotion Corp has a fifty-two week low of $0.78 and a fifty-two week high of $4.56.

Quantum eMotion Company Profile

Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.