Top Quantum Computing Stocks To Watch Now – August 13th

Rigetti Computing, D-Wave Quantum, 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 invest in quantum computing technologies, such as qubit processors, error-correction systems and quantum algorithms. By buying these equities, investors gain exposure to the emerging field of quantum information science. Because the industry is still in its infancy, quantum computing stocks tend to be more volatile and speculative than those of established tech sectors. 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.

NASDAQ:RGTI traded up $0.21 during trading hours on Wednesday, reaching $16.41. The company had a trading volume of 56,818,805 shares, compared to its average volume of 71,012,695. Rigetti Computing has a 1-year low of $0.66 and a 1-year high of $21.42. The business’s 50 day moving average price is $13.48 and its 200-day moving average price is $11.40. The firm has a market cap of $4.76 billion, a PE ratio of -23.46 and a beta of 1.44.

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 down $0.20 during trading on Wednesday, hitting $18.32. 34,827,554 shares of the company were exchanged, compared to its average volume of 68,719,266. The company has a debt-to-equity ratio of 0.05, a quick ratio of 42.86 and a current ratio of 42.99. The firm has a market capitalization of $5.35 billion, a PE ratio of -17.47 and a beta of 1.41. D-Wave Quantum has a 12-month low of $0.80 and a 12-month high of $20.56. The company has a fifty day moving average price of $16.73 and a 200-day moving average price of $11.31.

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 $1.84 during trading hours on Wednesday, reaching $41.16. The stock had a trading volume of 13,843,636 shares, compared to its average volume of 23,045,313. The firm has a 50-day moving average of $41.57 and a 200-day moving average of $34.33. The firm has a market cap of $10.77 billion, a price-to-earnings ratio of -20.47 and a beta of 2.54. IonQ has a fifty-two week low of $6.54 and a fifty-two week high of $54.74.