Best Quantum Computing Stocks To Consider - July 24th

D-Wave Quantum, IonQ, and Rigetti Computing are the three Quantum Computing stocks to watch today, according to MarketBeat's stock screener tool. Quantum computing stocks are publicly traded shares of companies that develop, manufacture or provide services and software related to quantum computing technology. Investing in these stocks offers exposure to the potential growth of quantum hardware, algorithms and related applications as the field advances. Like other technology investments, they carry higher volatility and long-term uncertainty but also the possibility of significant gains if quantum breakthroughs become commercially viable. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days.

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 QBTS traded down $0.38 during mid-day trading on Thursday, reaching $19.93. The stock had a trading volume of 35,435,005 shares, compared to its average volume of 71,450,570. The company has a debt-to-equity ratio of 0.15, a current ratio of 20.73 and a quick ratio of 20.61. D-Wave Quantum has a 52-week low of $0.75 and a 52-week high of $20.56. The business's fifty day moving average is $16.32 and its 200 day moving average is $10.16. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of -33.22 and a beta of 1.40.

Read Our Latest Research Report on QBTS

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 up $0.93 during mid-day trading on Thursday, hitting $44.21. 13,173,292 shares of the company were exchanged, compared to its average volume of 23,232,648. The firm has a market capitalization of $11.57 billion, a P/E ratio of -29.65 and a beta of 2.55. The business has a fifty day simple moving average of $41.31 and a 200-day simple moving average of $34.08. IonQ has a 12-month low of $6.22 and a 12-month high of $54.74.

Read Our Latest Research Report on IONQ

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 RGTI traded down $0.03 during mid-day trading on Thursday, hitting $16.12. 21,944,183 shares of the company's stock were exchanged, compared to its average volume of 74,602,734. The company has a market cap of $4.68 billion, a price-to-earnings ratio of -23.06 and a beta of 1.43. Rigetti Computing has a fifty-two week low of $0.66 and a fifty-two week high of $21.42. The stock's 50-day moving average is $12.73 and its 200-day moving average is $11.06.

Read Our Latest Research Report on RGTI