Promising Quantum Computing Stocks To Research - June 29th

D-Wave Quantum, IonQ, and Quantum Computing are the three Quantum Computing stocks to watch today, according to MarketBeat's stock screener tool. Quantum computing stocks are shares of publicly traded companies that develop, manufacture or support quantum computing hardware, software and related technologies. Investing in these stocks lets shareholders participate in the potential breakthroughs of quantum processors, which leverage quantum‐mechanical phenomena to tackle complex computations faster than classical computers. Because quantum computing is still in an experimental and early‐stage phase, these stocks often carry higher volatility and are viewed as long‐term growth plays. 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.

NYSE QBTS traded down $0.03 on Friday, hitting $14.04. The company's stock had a trading volume of 62,679,771 shares, compared to its average volume of 47,517,339. D-Wave Quantum has a 52-week low of $0.75 and a 52-week high of $19.77. 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 company's 50-day simple moving average is $13.19 and its 200 day simple moving average is $9.07. The firm has a market cap of $4.10 billion, a P/E ratio of -23.39 and a beta of 1.49.

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.

NYSE IONQ traded down $0.89 on Friday, hitting $40.23. The company's stock had a trading volume of 21,583,427 shares, compared to its average volume of 19,302,979. IonQ has a 52-week low of $6.22 and a 52-week high of $54.74. The company's 50-day simple moving average is $36.08 and its 200 day simple moving average is $33.79. The firm has a market cap of $10.53 billion, a P/E ratio of -27.00 and a beta of 2.59.

Read Our Latest Research Report on IONQ

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.

NASDAQ QUBT traded up $0.50 on Friday, hitting $17.29. The company's stock had a trading volume of 45,395,812 shares, compared to its average volume of 22,264,373. The firm has a market cap of $2.44 billion, a P/E ratio of -36.02 and a beta of 3.85. The company's 50-day simple moving average is $12.14 and its 200 day simple moving average is $10.50. Quantum Computing has a 52-week low of $0.35 and a 52-week high of $27.15.

Read Our Latest Research Report on QUBT

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