Top Quantum Computing Stocks To Keep An Eye On – May 8th

D-Wave Quantum, IonQ, Rigetti Computing, Quantum Computing, Booz Allen Hamilton, Rigetti Computing, and AmpliTech Group 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 provide services for quantum computing technologies—ranging from quantum processors and software to specialized algorithms. Investors in these stocks seek exposure to the potential breakthroughs in processing power that quantum machines promise for applications like cryptography, materials science, and complex optimization. Because commercial quantum computing is still in early stages, these stocks often exhibit higher volatility and are driven by long?term research milestones rather than immediate revenue. 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 NYSE QBTS traded up $3.75 during trading on Thursday, hitting $10.64. The company had a trading volume of 177,600,179 shares, compared to its average volume of 35,543,463. D-Wave Quantum has a fifty-two week low of $0.75 and a fifty-two week high of $11.95. The stock has a fifty day simple moving average of $7.18 and a two-hundred day simple moving average of $5.65. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of -25.33 and a beta of 0.90.

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 $3.50 during mid-day trading on Thursday, reaching $32.64. 27,495,741 shares of the company’s stock were exchanged, compared to its average volume of 22,610,936. The company has a fifty day moving average of $24.55 and a 200-day moving average of $30.24. IonQ has a twelve month low of $6.22 and a twelve month high of $54.74. The company has a market cap of $7.27 billion, a P/E ratio of -40.30 and a beta of 2.46.

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 up $1.05 during trading on Thursday, reaching $10.30. The company’s stock had a trading volume of 53,891,090 shares, compared to its average volume of 50,198,048. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of -27.10 and a beta of 1.41. The business’s fifty day moving average price is $8.89 and its 200-day moving average price is $8.33. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.84 and a current ratio of 4.84. Rigetti Computing has a twelve month low of $0.66 and a twelve month high of $21.42.

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.

Shares of NASDAQ:QUBT traded up $1.23 during midday trading on Thursday, reaching $8.31. The company’s stock had a trading volume of 18,143,573 shares, compared to its average volume of 17,006,300. The business has a 50 day moving average price of $6.83 and a 200 day moving average price of $7.84. Quantum Computing has a 1 year low of $0.35 and a 1 year high of $27.15. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of -28.66 and a beta of 3.74.

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 $0.53 on Thursday, reaching $123.72. The company had a trading volume of 401,598 shares, compared to its average volume of 2,492,764. The firm has a market capitalization of $15.67 billion, a PE ratio of 18.44, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton has a 1 year low of $101.05 and a 1 year high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a 50-day moving average of $111.77 and a 200-day moving average of $131.01.

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.

Shares of NASDAQ:RGTIW traded up $0.66 during trading on Thursday, hitting $3.70. 353,794 shares of the company traded hands, compared to its average volume of 369,198. The business’s fifty day moving average is $3.00 and its 200-day moving average is $3.08. Rigetti Computing has a one year low of $0.06 and a one year high of $9.79.

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.

NASDAQ AMPG traded up $0.06 during trading on Thursday, reaching $1.79. 132,963 shares of the company’s stock were exchanged, compared to its average volume of 2,171,396. The firm has a market capitalization of $35.19 million, a PE ratio of -2.21 and a beta of -1.11. The company has a current ratio of 4.91, a quick ratio of 1.98 and a debt-to-equity ratio of 0.02. AmpliTech Group has a fifty-two week low of $0.64 and a fifty-two week high of $6.43. The company’s fifty day simple moving average is $1.60 and its 200-day simple moving average is $1.82.