Susquehanna Advisors Group Inc. Invests $13.52 Million in Quantum eMotion Corp $QNC

Susquehanna Advisors Group Inc. purchased a new position in shares of Quantum eMotion Corp (NYSEAMERICAN:QNC) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 4,333,145 shares of the company’s stock, valued at approximately $13,519,000.

Other large investors also recently bought and sold shares of the company. Van ECK Associates Corp purchased a new position in Quantum eMotion during the 2nd quarter valued at $3,877,000. Susquehanna International Group LLP purchased a new stake in Quantum eMotion in the second quarter worth $3,008,000. Bank of New York Mellon Corp purchased a new stake in Quantum eMotion in the second quarter worth $2,469,000. Finally, Kingsview Wealth Management LLC lifted its position in shares of Quantum eMotion by 4.8% during the second quarter. Kingsview Wealth Management LLC now owns 346,925 shares of the company’s stock worth $1,082,000 after purchasing an additional 15,900 shares during the last quarter.

Quantum eMotion Price Performance

Shares of QNC opened at $2.03 on Monday. The stock has a market capitalization of $445.42 million and a price-to-earnings ratio of -33.83. Quantum eMotion Corp has a 12-month low of $0.78 and a 12-month high of $4.56. The company’s fifty day moving average is $2.44.

Quantum eMotion 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.