Best Quantum Computing Stocks To Follow Now - July 19th

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 of publicly traded companies that are developing, manufacturing, or commercializing quantum computing hardware, software, and related services. By investing in these equities, shareholders gain exposure to the potential breakthroughs in processing power, cryptography, optimization, and machine learning enabled by quantum technology. Because the industry is still in its early stages, quantum computing stocks can exhibit significant volatility and long-term uncertainty. 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 IonQ stock traded up $1.64 on Friday, reaching $46.48. The stock had a trading volume of 25,683,520 shares, compared to its average volume of 20,234,941. The company has a 50 day moving average price of $40.70 and a 200 day moving average price of $34.10. The stock has a market capitalization of $12.16 billion, a P/E ratio of -31.19 and a beta of 2.55. IonQ has a 1 year low of $6.22 and a 1 year high of $54.74.

Read Our Latest Research Report on IONQ

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 down $0.37 on Friday, hitting $18.87. 51,964,352 shares of the company's stock traded hands, compared to its average volume of 49,533,210. The company has a current ratio of 20.73, a quick ratio of 20.61 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $5.51 billion, a PE ratio of -31.45 and a beta of 1.40. The firm's 50-day moving average price is $15.84 and its two-hundred day moving average price is $9.96. D-Wave Quantum has a 1-year low of $0.75 and a 1-year high of $19.77.

Read Our Latest Research Report on QBTS

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.

NASDAQ RGTI traded up $0.02 on Friday, hitting $17.16. The company had a trading volume of 56,342,411 shares, compared to its average volume of 60,776,763. The company has a market capitalization of $4.98 billion, a PE ratio of -24.51 and a beta of 1.43. The company's fifty day moving average price is $12.43 and its 200-day moving average price is $11.10. Rigetti Computing has a 12-month low of $0.66 and a 12-month high of $21.42.

Read Our Latest Research Report on RGTI

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 down $0.26 on Friday, hitting $19.51. 22,024,962 shares of the stock traded hands, compared to its average volume of 23,328,767. The firm's 50-day moving average price is $15.79 and its two-hundred day moving average price is $10.88. The stock has a market capitalization of $3.08 billion, a PE ratio of -40.64 and a beta of 3.96. Quantum Computing has a twelve month low of $0.53 and a twelve month high of $27.15.

Read Our Latest Research Report on QUBT

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 BAH stock traded up $0.42 during trading hours on Friday, reaching $109.27. 1,105,824 shares of the stock were exchanged, compared to its average volume of 1,813,926. The business's fifty day moving average is $108.80 and its two-hundred day moving average is $115.41. The company has a debt-to-equity ratio of 3.90, a current ratio of 1.79 and a quick ratio of 1.79. Booz Allen Hamilton has a 12-month low of $98.95 and a 12-month high of $190.59. The firm has a market capitalization of $13.57 billion, a P/E ratio of 15.07, a P/E/G ratio of 1.70 and a beta of 0.48.

Read Our Latest Research Report on BAH

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.