Quantum Computing Stocks Worth Watching – May 1st

IonQ, D-Wave Quantum, Rigetti Computing, Booz Allen Hamilton, Quantum Computing, Rigetti Computing, and AmpliTech Group are the seven Quantum Computing stocks to watch today, according to MarketBeat’s stock screener tool. Quantum computing stocks are equity shares in companies that research, develop and commercialize quantum‐computing hardware, software or related services. Investing in these stocks offers exposure to the nascent field of quantum technology, which promises to revolutionize computation but also carries high technical complexity and market‐adoption risks. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days.

IonQ (IONQ)

IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service.

NYSE IONQ traded up $0.17 on Thursday, reaching $27.63. The company had a trading volume of 7,494,677 shares, compared to its average volume of 16,097,985. The stock has a market capitalization of $6.16 billion, a PE ratio of -34.09 and a beta of 2.50. The firm’s 50 day moving average price is $24.42 and its 200 day moving average price is $29.64. IonQ has a 12 month low of $6.22 and a 12 month high of $54.74.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

NYSE QBTS traded up $0.08 on Thursday, reaching $6.99. The company had a trading volume of 15,579,046 shares, compared to its average volume of 34,419,541. The stock has a market capitalization of $2.04 billion, a PE ratio of -16.61 and a beta of 0.88. The firm’s 50 day moving average price is $7.04 and its 200 day moving average price is $5.43. D-Wave Quantum has a 12 month low of $0.75 and a 12 month high of $11.95.

Rigetti Computing (RGTI)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

Shares of Rigetti Computing stock traded up $0.25 during trading hours on Thursday, reaching $9.12. The company’s stock had a trading volume of 11,674,743 shares, compared to its average volume of 49,446,434. The firm has a 50 day moving average price of $8.82 and a 200-day moving average price of $8.03. Rigetti Computing has a one year low of $0.66 and a one year high of $21.42. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.84 and a quick ratio of 4.84. The stock has a market cap of $2.61 billion, a P/E ratio of -24.04 and a beta of 1.41.

Booz Allen Hamilton (BAH)

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.

Shares of Booz Allen Hamilton stock traded up $0.14 during trading hours on Thursday, reaching $120.16. The company’s stock had a trading volume of 684,851 shares, compared to its average volume of 1,526,836. The firm has a 50 day moving average price of $110.81 and a 200-day moving average price of $132.47. Booz Allen Hamilton has a one year low of $101.05 and a one year high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market cap of $15.22 billion, a P/E ratio of 17.90, a P/E/G ratio of 1.25 and a beta of 0.58.

Quantum Computing (QUBT)

Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.

Shares of QUBT stock traded up $0.22 during trading hours on Thursday, reaching $6.96. 4,432,802 shares of the stock were exchanged, compared to its average volume of 16,807,002. Quantum Computing has a 12-month low of $0.35 and a 12-month high of $27.15. The company’s 50-day moving average price is $6.75 and its 200-day moving average price is $7.61. The firm has a market capitalization of $954.54 million, a price-to-earnings ratio of -24.03 and a beta of 3.00.

Rigetti Computing (RGTIW)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

Shares of RGTIW stock traded up $0.08 during trading hours on Thursday, reaching $3.02. 84,132 shares of the stock were exchanged, compared to its average volume of 363,498. Rigetti Computing has a 12-month low of $0.06 and a 12-month high of $9.79. The company’s 50-day moving average price is $3.00 and its 200-day moving average price is $2.98.

AmpliTech Group (AMPG)

AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.

AmpliTech Group stock traded down $0.01 during trading hours on Thursday, hitting $1.83. The company had a trading volume of 113,743 shares, compared to its average volume of 2,167,198. The firm has a market cap of $35.98 million, a P/E ratio of -2.26 and a beta of -1.09. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.98 and a current ratio of 4.91. AmpliTech Group has a 1 year low of $0.64 and a 1 year high of $6.43. The company has a 50-day moving average price of $1.59 and a two-hundred day moving average price of $1.78.