Top Quantum Computing Stocks To Add to Your Watchlist – May 17th

D-Wave Quantum, Quantum Computing, Rigetti Computing, IonQ, Booz Allen Hamilton, AmpliTech Group, and Rigetti Computing 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 related to quantum computing hardware, software or research. Investors buy these stocks to gain exposure to the potential growth and breakthroughs of quantum technology, though they often carry higher risk and volatility due to the field’s early-stage development. 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 $1.28 during midday trading on Friday, reaching $12.31. 111,467,964 shares of the stock traded hands, compared to its average volume of 38,183,126. The company’s 50 day moving average is $8.00 and its 200 day moving average is $6.12. D-Wave Quantum has a one year low of $0.75 and a one year high of $12.66. The stock has a market capitalization of $3.59 billion, a PE ratio of -29.31 and a beta of 0.90.

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 up $3.63 during midday trading on Friday, hitting $12.87. 91,313,177 shares of the company traded hands, compared to its average volume of 17,822,846. The firm’s fifty day moving average is $7.45 and its 200-day moving average is $8.24. Quantum Computing has a 12-month low of $0.35 and a 12-month high of $27.15. The firm has a market capitalization of $1.77 billion, a P/E ratio of -44.38 and a beta of 3.74.

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 up $0.31 during midday trading on Friday, reaching $11.85. The company’s stock had a trading volume of 66,732,088 shares, compared to its average volume of 52,242,194. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of -31.18 and a beta of 1.41. 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 1 year low of $0.66 and a 1 year high of $21.42. The stock has a fifty day simple moving average of $9.29 and a two-hundred day simple moving average of $8.81.

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 $2.52 during trading on Friday, hitting $35.06. 17,380,399 shares of the stock traded hands, compared to its average volume of 16,686,106. The firm has a market cap of $7.81 billion, a P/E ratio of -43.29 and a beta of 2.46. IonQ has a 52-week low of $6.22 and a 52-week high of $54.74. The stock’s fifty day simple moving average is $26.22 and its 200 day simple moving average is $31.05.

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.

BAH traded up $1.23 on Friday, hitting $128.90. The company had a trading volume of 2,184,985 shares, compared to its average volume of 1,556,143. The stock has a fifty day moving average price of $113.98 and a 200-day moving average price of $128.72. Booz Allen Hamilton has a 12-month low of $101.05 and a 12-month high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $16.32 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 1.25 and a beta of 0.56.

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 $0.08 during trading on Friday, hitting $2.06. The company’s stock had a trading volume of 646,873 shares, compared to its average volume of 2,187,106. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.91 and a quick ratio of 1.98. The company has a market cap of $40.50 million, a PE ratio of -2.54 and a beta of -1.11. The business’s 50 day simple moving average is $1.64 and its 200-day simple moving average is $1.85. AmpliTech Group has a fifty-two week low of $0.64 and a fifty-two week high of $6.43.

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.

NASDAQ RGTIW traded up $0.12 during trading on Friday, hitting $4.12. The company’s stock had a trading volume of 310,121 shares, compared to its average volume of 381,448. Rigetti Computing has a fifty-two week low of $0.06 and a fifty-two week high of $9.79. The business’s 50 day simple moving average is $3.17 and its 200-day simple moving average is $3.26.