Promising Quantum Computing Stocks To Watch Now - June 5th

D-Wave Quantum, IonQ, Rigetti Computing, Quantum Computing, Booz Allen Hamilton, Rigetti Computing, and AmpliTech Group are the seven Quantum Computing stocks to watch today, according to MarketBeat's stock screener tool. Quantum computing stocks are shares of publicly traded companies that focus on researching, developing or commercializing quantum hardware, software and related services. Investing in these stocks lets shareholders gain exposure to the potential breakthroughs and rapid growth of quantum technology, though such companies often carry higher risk due to significant R&D costs and technical uncertainties. 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.

QBTS stock traded down $1.03 during mid-day trading on Thursday, reaching $16.79. The company's stock had a trading volume of 49,993,670 shares, compared to its average volume of 44,171,109. D-Wave Quantum has a 12 month low of $0.75 and a 12 month high of $19.77. The business's 50 day moving average price is $10.16 and its 200 day moving average price is $7.53. The company has a market cap of $4.91 billion, a price-to-earnings ratio of -39.98 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.

Shares of NYSE IONQ traded down $2.31 during midday trading on Thursday, hitting $37.33. 10,758,045 shares of the stock traded hands, compared to its average volume of 17,945,206. The business has a 50 day moving average price of $30.92 and a two-hundred day moving average price of $32.93. IonQ has a one year low of $6.22 and a one year high of $54.74. The company has a market cap of $8.32 billion, a PE ratio of -46.09 and a beta of 2.59.

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.

NASDAQ:RGTI traded down $0.74 during mid-day trading on Thursday, hitting $11.08. 23,793,737 shares of the stock traded hands, compared to its average volume of 55,248,009. The business's 50-day moving average price is $10.14 and its 200 day moving average price is $9.83. Rigetti Computing has a 12-month low of $0.66 and a 12-month high of $21.42. The company has a market cap of $3.22 billion, a PE ratio of -29.16 and a beta of 1.41. The company has a quick ratio of 4.84, a current ratio of 4.84 and a debt-to-equity ratio of 0.02.

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.

NASDAQ:QUBT traded down $0.77 during midday trading on Thursday, hitting $12.06. The company had a trading volume of 10,316,008 shares, compared to its average volume of 19,420,809. The stock's fifty day moving average price is $8.64 and its 200-day moving average price is $9.18. The company has a market capitalization of $1.70 billion, a PE ratio of -41.59 and a beta of 3.74. 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

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 down $0.71 on Thursday, hitting $101.80. 947,954 shares of the company were exchanged, compared to its average volume of 1,652,226. The firm has a fifty day simple moving average of $115.06 and a two-hundred day simple moving average of $123.04. Booz Allen Hamilton has a 12 month low of $101.05 and a 12 month high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $12.64 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

Read Our Latest Research Report on BAH

Rigetti Computing (RGTIW)

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 down $0.43 during mid-day trading on Thursday, reaching $3.75. 579,686 shares of the company traded hands, compared to its average volume of 406,261. The firm's 50 day moving average price is $3.50 and its 200 day moving average price is $3.66. Rigetti Computing has a 52-week low of $0.06 and a 52-week high of $9.79.

Read Our Latest Research Report on RGTIW

AmpliTech Group (AMPG)

AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.

Shares of NASDAQ:AMPG traded down $0.09 on Thursday, hitting $2.22. 122,144 shares of the company traded hands, compared to its average volume of 2,190,917. AmpliTech Group has a 52 week low of $0.64 and a 52 week high of $6.43. The stock has a 50 day simple moving average of $1.79 and a 200-day simple moving average of $1.97. The company has a market cap of $45.67 million, a PE ratio of -2.74 and a beta of -1.11. The company has a quick ratio of 1.98, a current ratio of 4.91 and a debt-to-equity ratio of 0.02.

Read Our Latest Research Report on AMPG