Promising Quantum Computing Stocks To Watch Now – February 04th

Rigetti Computing, IonQ, and D-Wave Quantum are the three Quantum Computing stocks to watch today, according to MarketBeat’s stock screener tool. Quantum computing stocks are shares in companies that are involved in the research, development, production, or utilization of quantum computers or related technologies. These stocks are typically associated with companies at the forefront of quantum computing innovation and may present unique investment opportunities for those looking to tap into the potential of this emerging technology. 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 $0.30 during trading hours on Tuesday, hitting $13.77. The company had a trading volume of 133,193,254 shares, compared to its average volume of 184,253,609. The firm’s 50 day moving average is $10.27 and its 200 day moving average is $4.28. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.84 and a quick ratio of 4.84. Rigetti Computing has a fifty-two week low of $0.66 and a fifty-two week high of $21.42. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of -36.23 and a beta of 1.26.

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 $0.52 during trading hours on Tuesday, reaching $41.99. The company had a trading volume of 13,767,324 shares, compared to its average volume of 34,524,211. The stock’s fifty day simple moving average is $38.59 and its 200 day simple moving average is $21.28. The company has a market capitalization of $9.09 billion, a P/E ratio of -51.83 and a beta of 2.41. IonQ has a twelve month low of $6.22 and a twelve 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.

QBTS stock traded up $0.02 during midday trading on Tuesday, hitting $5.78. 54,971,444 shares of the company’s stock were exchanged, compared to its average volume of 97,134,484. D-Wave Quantum has a 12-month low of $0.75 and a 12-month high of $11.41. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of -13.73 and a beta of 1.10. The firm has a 50 day moving average price of $6.09 and a 200-day moving average price of $2.86.