Quantum Base Holdings (LON:QUBE – Get Free Report) shares dropped 11.1% on Thursday . The stock traded as low as GBX 20.45 and last traded at GBX 20.45. Approximately 110,091 shares changed hands during trading, an increase of 50% from the average daily volume of 73,371 shares. The stock had previously closed at GBX 23.
Quantum Base Price Performance
The stock has a market capitalization of £19.05 million and a PE ratio of -3.98. The business’s fifty day moving average price is GBX 22.99 and its 200-day moving average price is GBX 23.36.
Quantum Base Company Profile
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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