Quantum X Labs (NASDAQ:QXL) CEO Yakov Baranes Acquires 5,000 Shares of Stock

Quantum X Labs Inc. (NASDAQ:QXL) CEO Yakov Baranes bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were acquired at an average cost of $4.88 per share, for a total transaction of $24,400.00. Following the completion of the purchase, the chief executive officer owned 358,177 shares in the company, valued at $1,747,903.76. This trade represents a 1.42% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Quantum X Labs Stock Performance

Shares of NASDAQ QXL opened at $5.70 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.01. Quantum X Labs Inc. has a 1-year low of $0.96 and a 1-year high of $7.70. The stock has a market cap of $122.94 million, a price-to-earnings ratio of -22.80 and a beta of 2.32.

Quantum X Labs (NASDAQ:QXL) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $0.29 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on Quantum X Labs in a report on Friday, August 21st. They set a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Quantum X Labs Company Profile

Viewbix Inc operates as an interactive video technology and data platform company in Israel. The company develops an interactive video platform based on SaaS business model with interactive elements and ability to collect and analyze information about each interactive action performed during the viewing of the video clip, as well as allows advertiser to analyze user viewing habits and optimize real-time throughout the campaign while increasing the effectiveness of online and live video advertising.