Promising Quantum Computing Stocks To Watch Now – February 10th

Rigetti Computing, IonQ, D-Wave Quantum, 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 refer to publicly traded companies that are involved in the development, manufacturing, or utilization of quantum computing technology. Investors may look to these stocks for opportunities to potentially benefit from the growth and advancements in the quantum computing industry. 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 $0.01 during mid-day trading on Monday, hitting $12.86. 50,624,255 shares of the stock traded hands, compared to its average volume of 170,231,391. The stock has a fifty day moving average price of $11.14 and a 200-day moving average price of $4.63. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.84 and a current ratio of 4.84. The company has a market cap of $2.47 billion, a price-to-earnings ratio of -33.96 and a beta of 1.26. Rigetti Computing has a 52 week low of $0.66 and a 52 week high of $21.42.

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 IONQ stock traded up $1.98 during trading hours on Monday, hitting $42.55. 10,044,369 shares of the company’s stock traded hands, compared to its average volume of 31,230,891. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of -52.72 and a beta of 2.40. The stock’s fifty day simple moving average is $39.28 and its two-hundred day simple moving average is $22.23. IonQ has a 12-month low of $6.22 and a 12-month high of $54.74.

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 up $0.18 during midday trading on Monday, hitting $5.99. The stock had a trading volume of 32,052,115 shares, compared to its average volume of 91,701,289. The company has a market cap of $1.61 billion, a P/E ratio of -14.27 and a beta of 1.10. The business’s 50 day moving average is $6.34 and its 200-day moving average is $3.00. D-Wave Quantum has a 52 week low of $0.75 and a 52 week high of $11.41.

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.

NASDAQ:QUBT traded down $0.23 during mid-day trading on Monday, reaching $9.05. The company’s stock had a trading volume of 10,814,130 shares, compared to its average volume of 33,811,820. Quantum Computing has a 12-month low of $0.35 and a 12-month high of $27.15. The firm’s fifty day moving average price is $11.95 and its two-hundred day moving average price is $5.10. The stock has a market cap of $1.24 billion, a P/E ratio of -31.50 and a beta of 2.75.

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.

NYSE:BAH traded up $1.03 on Monday, hitting $128.97. The stock had a trading volume of 615,256 shares, compared to its average volume of 1,959,045. Booz Allen Hamilton has a 52-week low of $121.02 and a 52-week high of $190.59. The stock has a market cap of $16.33 billion, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The business’s 50-day simple moving average is $133.96 and its two-hundred day simple moving average is $149.57.