Quantum Computing Stocks To Keep An Eye On - May 7th

IonQ, Rigetti Computing, and D-Wave Quantum 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 research, develop or commercialize quantum computing technologies—ranging from qubit hardware and quantum processors to software platforms and cloud-based quantum services. Because the field is still in its early, research-intensive phase, these stocks tend to carry higher volatility and speculative risk as investors bet on future breakthroughs and real-world applications. 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 $0.71 during trading on Wednesday, hitting $28.71. The company had a trading volume of 5,077,417 shares, compared to its average volume of 16,226,362. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of -35.44 and a beta of 2.46. The firm has a 50-day moving average price of $24.46 and a 200-day moving average price of $30.25. IonQ has a 12 month low of $6.22 and a 12 month high of $54.74.

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.

Rigetti Computing stock traded down $0.50 during mid-day trading on Wednesday, hitting $9.30. 11,878,475 shares of the company's stock were exchanged, compared to its average volume of 49,941,807. Rigetti Computing has a fifty-two week low of $0.66 and a fifty-two week high of $21.42. The company has a quick ratio of 4.84, a current ratio of 4.84 and a debt-to-equity ratio of 0.02. The company's 50 day simple moving average is $8.87 and its 200-day simple moving average is $8.33. The firm has a market capitalization of $2.66 billion, a P/E ratio of -24.68 and a beta of 1.41.

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 QBTS stock traded down $0.32 during trading on Wednesday, reaching $6.91. The company's stock had a trading volume of 11,698,415 shares, compared to its average volume of 34,774,248. D-Wave Quantum has a one year low of $0.75 and a one year high of $11.95. The company has a market cap of $2.01 billion, a price-to-earnings ratio of -16.44 and a beta of 0.90. The business has a fifty day moving average price of $7.15 and a 200-day moving average price of $5.64.

Read Our Latest Research Report on QBTS