Quantum Computing Stocks To Follow Now - August 15th

Key Points

• Five key quantum computing stocks to watch include Rigetti Computing, D-Wave Quantum, IonQ, Quantum Computing Inc., and Booz Allen Hamilton, which are recognized for their high trading volumes.
• Rigetti Computing and D-Wave Quantum have experienced recent trading declines, with Rigetti trading at $16.74 and D-Wave at $17.08 as of Friday.
• Each of these companies represents a unique aspect of quantum technology, with offerings ranging from cloud-based quantum access to quantum computing systems, which highlights the expansion of the industry.

Rigetti Computing, D-Wave Quantum, IonQ, 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 companies involved in the research, development and commercialization of quantum‐based hardware, software and related services. They offer investors exposure to cutting-edge technologies that exploit quantum mechanical phenomena like superposition and entanglement to solve complex problems. Because the industry is still in its early stages, these stocks often carry higher volatility and long-term growth potential. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days.

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 $1.25 on Friday, reaching $16.74. 37,431,145 shares of the stock traded hands, compared to its average volume of 70,982,727. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of -21.94 and a beta of 1.44. The company's 50 day moving average is $13.73 and its 200-day moving average is $11.47. Rigetti Computing has a 1-year low of $0.66 and a 1-year high of $21.42.

Read Our Latest Research Report on RGTI

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 NYSE:QBTS traded down $1.10 during mid-day trading on Friday, hitting $17.08. The company had a trading volume of 32,638,439 shares, compared to its average volume of 68,441,570. The firm has a fifty day moving average price of $16.78 and a 200 day moving average price of $11.44. The company has a market capitalization of $4.99 billion, a PE ratio of -16.27 and a beta of 1.41. The company has a debt-to-equity ratio of 0.05, a current ratio of 42.99 and a quick ratio of 42.86. D-Wave Quantum has a one year low of $0.80 and a one year high of $20.56.

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 down $0.70 during midday trading on Friday, reaching $40.33. 6,861,356 shares of the company's stock traded hands, compared to its average volume of 22,946,105. The company has a market cap of $10.55 billion, a price-to-earnings ratio of -20.06 and a beta of 2.54. The firm's fifty day moving average price is $41.70 and its 200-day moving average price is $34.40. IonQ has a 52 week low of $6.54 and a 52 week high of $54.74.

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.

QUBT stock traded up $0.19 during midday trading on Friday, reaching $15.57. 11,623,506 shares of the company's stock traded hands, compared to its average volume of 24,284,195. The company has a market cap of $2.49 billion, a price-to-earnings ratio of -32.39 and a beta of 4.09. The firm's fifty day moving average price is $17.52 and its 200-day moving average price is $11.42. Quantum Computing has a 52 week low of $0.58 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 stock traded up $1.59 during midday trading on Friday, reaching $109.74. 771,509 shares of the company's stock traded hands, compared to its average volume of 2,316,606. The company has a market cap of $13.53 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 1.75 and a beta of 0.47. The firm's fifty day moving average price is $106.79 and its 200-day moving average price is $112.31. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton has a 52 week low of $98.95 and a 52 week high of $190.59.

Read Our Latest Research Report on BAH

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