Promising Quantum Computing Stocks Worth Watching – February 14th

Rigetti Computing, D-Wave Quantum, IonQ, Booz Allen Hamilton, and Quantum Computing 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 research, development, and commercialization of quantum computing technologies. These stocks typically represent companies that are at the forefront of advancing quantum computing capabilities and offerings, and often attract investors seeking exposure to potential growth opportunities in the field of quantum computing. 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.

RGTI stock traded down $0.65 during trading hours on Friday, reaching $11.61. The stock had a trading volume of 38,252,319 shares, compared to its average volume of 156,394,313. 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 stock has a 50-day simple moving average of $11.84 and a 200 day simple moving average of $4.88. The stock has a market capitalization of $2.23 billion, a PE ratio of -30.59 and a beta of 1.26.

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 down $0.14 during midday trading on Friday, reaching $6.36. 42,293,025 shares of the company were exchanged, compared to its average volume of 86,978,008. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of -15.15 and a beta of 1.10. The business has a 50-day moving average price of $6.56 and a two-hundred day moving average price of $3.11. D-Wave Quantum has a one year low of $0.75 and a one year high of $11.41.

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 $1.16 during trading hours on Friday, reaching $37.49. 6,118,258 shares of the stock were exchanged, compared to its average volume of 28,784,871. IonQ has a 52 week low of $6.22 and a 52 week high of $54.74. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of -46.33 and a beta of 2.40. The stock’s fifty day simple moving average is $39.70 and its 200 day simple moving average is $22.89.

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.

Booz Allen Hamilton stock traded down $0.08 during mid-day trading on Friday, reaching $117.26. 653,626 shares of the company were exchanged, compared to its average volume of 1,989,912. The firm has a market cap of $14.85 billion, a PE ratio of 17.46, a PEG ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton has a 12 month low of $116.07 and a 12 month 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 1.56. The company has a fifty day simple moving average of $132.66 and a 200-day simple moving average of $149.09.

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.

QUBT traded down $0.45 on Friday, hitting $7.84. 9,728,393 shares of the stock were exchanged, compared to its average volume of 31,068,752. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of -27.07 and a beta of 2.75. Quantum Computing has a 12 month low of $0.35 and a 12 month high of $27.15. The business has a 50-day moving average of $12.08 and a two-hundred day moving average of $5.25.