Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Quantum Numbers ( (TSE:QNC) ) has shared an update.
Krown Technologies and Quantum eMotion have launched Qastle, the first hot wallet secured by Quantum Entropy and Post-Quantum Encryption, aiming to disrupt the crypto-wallet market, which is projected to exceed $100 billion by 2033. Qastle’s innovative security features, leveraging Quantum Entropy-as-a-Service and post-quantum cryptography, provide unprecedented protection against cyber threats, positioning both companies at the forefront of the evolving digital asset security landscape, with significant revenue potential and user adoption anticipated.
Spark’s Take on TSE:QNC Stock
According to Spark, TipRanks’ AI Analyst, TSE:QNC is a Neutral.
Quantum Numbers’ overall score is influenced by its financial challenges, including no revenue and consistent losses, which weigh heavily on its potential. However, technical analysis indicates positive stock momentum, while the recent corporate event announces a promising product that could transform the company’s revenue prospects. The lack of traditional valuation metrics underscores the speculative nature of the stock.
To see Spark’s full report on TSE:QNC stock, click here.
More about Quantum Numbers
Krown Technologies LLC, based in Monroe, Louisiana, is a leader in blockchain, decentralized technology, and quantum innovation, focusing on advancing digital asset security. Quantum eMotion Corp., headquartered in Montreal, specializes in quantum-powered cybersecurity, offering quantum-secure hardware and software solutions through its patented Quantum Random Number Generator.
YTD Price Performance: 165.73%
Average Trading Volume: 2,145,121
Technical Sentiment Signal: Buy
Current Market Cap: C$1.01B
Find detailed analytics on QNC stock on TipRanks’ Stock Analysis page.