Quantum Computing Stocks Worth Watching - May 11th

D-Wave Quantum, Rigetti Computing, and IonQ 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 develop, manufacture, or provide services related to quantum computers and their enabling technologies. Investors in these stocks seek exposure to the potential breakthroughs in computation speed and problem-solving capacity that quantum hardware and software promise. Because the field is still emerging, quantum computing stocks often carry higher volatility and long-term risk alongside their growth potential. 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.

Shares of QBTS stock traded up $0.68 during trading on Friday, hitting $11.10. 161,356,804 shares of the company were exchanged, compared to its average volume of 36,613,724. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of -26.43 and a beta of 0.90. The business's 50-day simple moving average is $7.41 and its 200 day simple moving average is $5.81. D-Wave Quantum has a twelve month low of $0.75 and a twelve month high of $11.95.

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.

RGTI stock traded up $0.27 during midday trading on Friday, reaching $10.58. The company had a trading volume of 58,229,442 shares, compared to its average volume of 50,852,005. The company has a 50 day moving average of $9.00 and a two-hundred day moving average of $8.51. The company has a current ratio of 4.84, a quick ratio of 4.84 and a debt-to-equity ratio of 0.02. Rigetti Computing has a 1 year low of $0.66 and a 1 year high of $21.42. The company has a market capitalization of $3.02 billion, a P/E ratio of -27.84 and a beta of 1.41.

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.

Shares of NYSE IONQ traded down $0.63 during mid-day trading on Friday, reaching $31.21. The company had a trading volume of 19,030,876 shares, compared to its average volume of 16,518,472. The stock has a market capitalization of $6.95 billion, a PE ratio of -38.53 and a beta of 2.46. IonQ has a twelve month low of $6.22 and a twelve month high of $54.74. The stock's 50 day moving average is $24.91 and its 200-day moving average is $30.58.

Read Our Latest Research Report on IONQ

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