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Quantum Computing Stocks To Research - August 4th

Rigetti Computing logo with Computer and Technology background

Key Points

  • Rigetti Computing, IonQ, D-Wave Quantum, and other firms are leading quantum computing stocks to watch, reflecting a growing investor interest in the high-risk, high-reward field of quantum technologies.
  • IonQ's stock price increased to $39.88 with a significant market cap of $10.43 billion, indicating investor confidence in its quantum computing solutions offered through major cloud platforms.
  • Booz Allen Hamilton reported a stock price of $110.67 and focuses on integrating quantum computing into its management and technology consulting services, highlighting the growing intersection of consulting and advanced technologies.
  • Five stocks to consider instead of Rigetti Computing.

Rigetti Computing, IonQ, D-Wave Quantum, Quantum Computing, Booz Allen Hamilton, AmpliTech Group, and Rigetti Computing 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 develop, manufacture, or service quantum computers and related technologies. These firms work on hardware, software, or platforms that exploit quantum phenomena—such as superposition and entanglement—to perform calculations beyond the reach of today’s classical machines. Investors buy these stocks to gain exposure to the potentially transformative—but still nascent and high‐risk—field of quantum computing. 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.

Shares of NASDAQ RGTI traded up $1.39 during mid-day trading on Monday, reaching $15.51. 34,330,400 shares of the company were exchanged, compared to its average volume of 72,674,133. The company's 50-day simple moving average is $13.09 and its 200-day simple moving average is $11.21. The stock has a market capitalization of $4.50 billion, a P/E ratio of -22.13 and a beta of 1.44. Rigetti Computing has a twelve month low of $0.66 and a twelve month high of $21.42.

Read Our Latest Research Report on RGTI

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 up $1.76 during midday trading on Monday, hitting $39.88. The company's stock had a trading volume of 10,831,267 shares, compared to its average volume of 22,987,504. IonQ has a 1-year low of $6.22 and a 1-year high of $54.74. The company has a 50-day moving average price of $41.81 and a two-hundred day moving average price of $34.25. The company has a market cap of $10.43 billion, a price-to-earnings ratio of -26.74 and a beta of 2.54.

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.

D-Wave Quantum stock traded up $0.83 during midday trading on Monday, hitting $17.21. The company's stock had a trading volume of 22,564,751 shares, compared to its average volume of 69,671,297. D-Wave Quantum has a 1-year low of $0.75 and a 1-year high of $20.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 20.73 and a quick ratio of 20.61. The company has a 50-day moving average price of $16.70 and a two-hundred day moving average price of $10.77. The company has a market cap of $5.03 billion, a price-to-earnings ratio of -28.56 and a beta of 1.41.

Read Our Latest Research Report on QBTS

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 $0.60 during mid-day trading on Monday, hitting $15.40. The stock had a trading volume of 7,838,800 shares, compared to its average volume of 24,699,342. Quantum Computing has a 52 week low of $0.53 and a 52 week high of $27.15. The firm has a market capitalization of $2.46 billion, a P/E ratio of -32.00 and a beta of 4.09. The firm has a fifty day simple moving average of $16.86 and a 200 day simple moving average of $11.09.

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.

Shares of Booz Allen Hamilton stock traded up $0.97 during midday trading on Monday, hitting $110.67. 472,512 shares of the company traded hands, compared to its average volume of 2,357,971. The stock has a market cap of $13.64 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 1.72 and a beta of 0.47. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The firm's fifty day moving average price is $105.85 and its 200-day moving average price is $113.67. Booz Allen Hamilton has a 12 month low of $98.95 and a 12 month high of $190.59.

Read Our Latest Research Report on BAH

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 AmpliTech Group stock traded up $0.22 during midday trading on Monday, hitting $3.07. 434,634 shares of the company traded hands, compared to its average volume of 782,322. The stock has a market cap of $63.16 million, a price-to-earnings ratio of -4.44 and a beta of -1.00. The firm's fifty day moving average price is $2.37 and its 200-day moving average price is $1.99. AmpliTech Group has a 12 month low of $0.64 and a 12 month high of $6.43.

Read Our Latest Research Report on AMPG

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.

RGTIW traded up $0.57 during trading on Monday, reaching $5.78. 200,171 shares of the company's stock were exchanged, compared to its average volume of 511,118. Rigetti Computing has a one year low of $0.06 and a one year high of $9.79. The firm has a fifty day moving average price of $4.80 and a two-hundred day moving average price of $4.07.

Read Our Latest Research Report on RGTIW

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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