Quantum Computing Stocks To Consider – May 5th

Rigetti Computing, IonQ, D-Wave Quantum, 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 shares in companies that develop, manufacture or provide services for quantum computers and related technologies. Investing in these equities offers exposure to the emerging field of quantum information processing, which aims to solve certain complex problems far faster than classical computers. Because commercial viability remains uncertain, quantum computing stocks tend to carry higher risk alongside the potential for outsized long-term returns. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days.

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.

RGTI traded down $0.84 on Monday, hitting $9.80. 28,947,357 shares of the company were exchanged, compared to its average volume of 50,017,416. The company has a current ratio of 4.84, a quick ratio of 4.84 and a debt-to-equity ratio of 0.02. Rigetti Computing has a twelve month low of $0.66 and a twelve month high of $21.42. The company has a market cap of $2.80 billion, a price-to-earnings ratio of -25.72 and a beta of 1.41. The firm has a 50-day moving average price of $8.83 and a two-hundred day moving average price of $8.26.

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.

IONQ stock traded down $0.57 during trading on Monday, reaching $30.35. 7,029,885 shares of the company were exchanged, compared to its average volume of 16,248,333. The company has a market cap of $6.76 billion, a P/E ratio of -37.44 and a beta of 2.46. IonQ has a 52-week low of $6.22 and a 52-week high of $54.74. The stock’s 50 day moving average price is $24.37 and its 200 day moving average price is $30.14.

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.

D-Wave Quantum stock traded down $0.52 during mid-day trading on Monday, reaching $7.39. The company’s stock had a trading volume of 17,745,636 shares, compared to its average volume of 34,789,643. The business has a 50 day moving average price of $7.10 and a 200-day moving average price of $5.58. D-Wave Quantum has a twelve month low of $0.75 and a twelve month high of $11.95. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of -17.61 and a beta of 0.90.

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 NYSE:BAH traded down $0.19 during trading on Monday, reaching $119.62. 519,964 shares of the company traded hands, compared to its average volume of 1,534,376. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a market cap of $15.15 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The firm has a fifty day simple moving average of $111.06 and a 200 day simple moving average of $131.43. Booz Allen Hamilton has a 1-year low of $101.05 and a 1-year high of $190.59.

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 Quantum Computing stock traded down $0.57 during midday trading on Monday, hitting $7.45. 6,358,968 shares of the company were exchanged, compared to its average volume of 21,479,746. Quantum Computing has a 52 week low of $0.35 and a 52 week high of $27.15. The firm has a market cap of $1.02 billion, a P/E ratio of -25.67 and a beta of 3.74. The firm has a 50 day simple moving average of $6.78 and a 200-day simple moving average of $7.80.

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.

NASDAQ RGTIW traded down $0.37 during trading hours on Monday, hitting $3.24. 298,822 shares of the company traded hands, compared to its average volume of 609,865. Rigetti Computing has a twelve month low of $0.06 and a twelve month high of $9.79. The business’s 50-day moving average is $2.98 and its 200-day moving average is $3.06.

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 remained flat at $1.92 during trading hours on Monday. The company’s stock had a trading volume of 216,334 shares, compared to its average volume of 1,085,102. The company has a market capitalization of $37.75 million, a PE ratio of -2.37 and a beta of -1.11. The business has a 50 day moving average of $1.59 and a 200 day moving average of $1.81. The company has a current ratio of 4.91, a quick ratio of 1.98 and a debt-to-equity ratio of 0.02. AmpliTech Group has a 1 year low of $0.64 and a 1 year high of $6.43.