Quantum Computing Stocks To Add to Your Watchlist - July 4th

IonQ, D-Wave Quantum, and Rigetti Computing are the three Quantum Computing stocks to watch today, according to MarketBeat's stock screener tool. Quantum computing stocks are shares in publicly traded companies that develop, manufacture, or provide services related to quantum computing hardware, software, or algorithms. Investors buy these stocks to gain exposure to the emerging field of quantum technology, which promises to tackle complex problems far beyond the reach of classical computers. Because the industry is still in its early stages, quantum computing stocks can be highly volatile but offer the potential for significant long-term growth. 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.

IonQ stock traded down $0.81 during trading hours on Friday, hitting $43.94. 13,345,323 shares of the stock traded hands, compared to its average volume of 19,542,918. The firm's 50-day moving average price is $37.42 and its two-hundred day moving average price is $34.01. The company has a market cap of $11.50 billion, a PE ratio of -29.49 and a beta of 2.55. IonQ has a one year low of $6.22 and a one 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.

Shares of QBTS traded up $0.65 during mid-day trading on Friday, reaching $16.63. The company had a trading volume of 29,876,920 shares, compared to its average volume of 48,043,095. The company has a debt-to-equity ratio of 0.15, a quick ratio of 20.61 and a current ratio of 20.73. The firm has a 50-day moving average price of $13.90 and a 200 day moving average price of $9.32. D-Wave Quantum has a 52 week low of $0.75 and a 52 week high of $19.77. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of -27.72 and a beta of 1.40.

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.

Shares of NASDAQ:RGTI traded up $0.13 during midday trading on Friday, hitting $13.21. The company had a trading volume of 35,342,499 shares, compared to its average volume of 58,937,466. The company has a market cap of $3.83 billion, a price-to-earnings ratio of -18.87 and a beta of 1.43. Rigetti Computing has a 12-month low of $0.66 and a 12-month high of $21.42. The company has a fifty day moving average of $11.44 and a two-hundred day moving average of $10.98.

Read Our Latest Research Report on RGTI

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