Best Mid Cap Stocks To Add to Your Watchlist - July 16th

Rigetti Computing, ProShares UltraPro Short QQQ, and MP Materials are the three Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies whose market capitalizations typically range between about $2 billion and $10 billion, placing them between small-cap and large-cap firms. They often offer a blend of growth potential and stability, making them a popular choice for investors seeking moderate risk and return. These companies had the highest dollar trading volume of any Mid Cap 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.

Rigetti Computing stock traded up $3.91 during midday trading on Wednesday, hitting $16.63. 163,988,977 shares of the stock were exchanged, compared to its average volume of 59,955,688. Rigetti Computing has a 1 year low of $0.66 and a 1 year high of $21.42. The firm has a market cap of $4.83 billion, a P/E ratio of -23.46 and a beta of 1.43. The company has a 50 day moving average price of $12.02 and a two-hundred day moving average price of $11.05.

Read Our Latest Research Report on RGTI

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

SQQQ stock traded down $0.04 during mid-day trading on Wednesday, hitting $19.09. 97,146,616 shares of the company were exchanged, compared to its average volume of 65,822,429. ProShares UltraPro Short QQQ has a twelve month low of $18.71 and a twelve month high of $57.95. The firm has a fifty day simple moving average of $22.43 and a 200 day simple moving average of $29.45.

Read Our Latest Research Report on SQQQ

MP Materials (MP)

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals.

MP stock traded down $0.94 during mid-day trading on Wednesday, hitting $57.28. 31,111,484 shares of the company were exchanged, compared to its average volume of 5,724,135. The company has a market capitalization of $9.36 billion, a PE ratio of -88.24 and a beta of 2.26. The company has a current ratio of 4.12, a quick ratio of 3.58 and a debt-to-equity ratio of 0.81. MP Materials has a twelve month low of $10.02 and a twelve month high of $62.87. The firm has a fifty day simple moving average of $28.85 and a 200 day simple moving average of $25.23.

Read Our Latest Research Report on MP