Top Quantum Computing Stocks To Watch Today – July 10th

IonQ, D-Wave Quantum, Rigetti Computing, Quantum Computing, and Booz Allen Hamilton are the five Quantum Computing stocks to watch today, according to MarketBeat’s stock screener tool. Quantum computing stocks are shares in publicly traded companies that develop or commercialize quantum computing hardware, software, or related services. They provide investors with exposure to the emerging field of quantum information science, which exploits quantum mechanics to perform certain computations far more efficiently than classical computers. Because quantum technology remains largely in the research and development phase, these stocks often carry higher volatility and speculative risk. 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.

Shares of NYSE:IONQ traded down $0.01 during trading hours on Thursday, hitting $45.55. The company’s stock had a trading volume of 12,647,594 shares, compared to its average volume of 19,799,392. IonQ has a 52 week low of $6.22 and a 52 week high of $54.74. The company has a market capitalization of $11.92 billion, a price-to-earnings ratio of -30.53 and a beta of 2.55. The firm’s fifty day moving average price is $38.76 and its 200 day moving average price is $34.13.

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.

Shares of NYSE QBTS traded down $0.21 during mid-day trading on Thursday, reaching $16.18. 19,014,975 shares of the company were exchanged, compared to its average volume of 48,321,742. The company has a quick ratio of 20.61, a current ratio of 20.73 and a debt-to-equity ratio of 0.15. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of -26.95 and a beta of 1.40. D-Wave Quantum has a 1 year low of $0.75 and a 1 year high of $19.77. The firm has a 50-day moving average of $14.64 and a 200 day moving average of $9.57.

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 NASDAQ RGTI traded down $0.18 during mid-day trading on Thursday, reaching $13.33. 17,568,998 shares of the company were exchanged, compared to its average volume of 59,211,071. The stock has a market cap of $3.87 billion, a price-to-earnings ratio of -19.06 and a beta of 1.43. Rigetti Computing has a 1 year low of $0.66 and a 1 year high of $21.42. The firm has a 50-day moving average of $11.79 and a 200 day moving average of $11.08.

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.

QUBT traded down $0.23 during trading on Thursday, hitting $18.91. The stock had a trading volume of 7,236,477 shares, compared to its average volume of 22,712,268. The company has a market capitalization of $2.99 billion, a PE ratio of -39.49 and a beta of 3.96. Quantum Computing has a twelve month low of $0.53 and a twelve month high of $27.15. The stock has a 50 day simple moving average of $14.24 and a two-hundred day simple moving average of $10.84.

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.

BAH traded up $1.67 during trading on Thursday, hitting $108.69. The stock had a trading volume of 518,906 shares, compared to its average volume of 1,776,367. The company has a market capitalization of $13.50 billion, a PE ratio of 15.02, a PEG ratio of 1.68 and a beta of 0.48. Booz Allen Hamilton has a twelve month low of $98.95 and a twelve month high of $190.59. The company has a debt-to-equity ratio of 3.90, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a 50 day simple moving average of $110.85 and a two-hundred day simple moving average of $116.49.