Top Quantum Computing Stocks Worth Watching – February 03rd

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 of companies that are involved in developing, manufacturing, or providing products and services related to quantum computing technology. These stocks offer investors the opportunity to capitalize on the potential growth and innovation within the quantum computing industry. 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.

Shares of Rigetti Computing stock traded down $0.14 during trading on Monday, reaching $13.04. The company’s stock had a trading volume of 99,476,372 shares, compared to its average volume of 184,949,484. The business’s 50-day moving average price is $10.06 and its 200-day moving average price is $4.19. Rigetti Computing has a 52 week low of $0.66 and a 52 week high of $21.42. The firm has a market cap of $2.51 billion, a PE ratio of -34.27 and a beta of 1.26. The company has a quick ratio of 4.84, a current ratio of 4.84 and a debt-to-equity ratio of 0.02.

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 $1.76 during trading hours on Monday, reaching $41.25. 12,032,245 shares of the stock were exchanged, compared to its average volume of 35,275,332. The stock has a 50 day moving average of $38.38 and a two-hundred day moving average of $21.05. The company has a market cap of $8.93 billion, a P/E ratio of -50.74 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.

NYSE:QBTS traded down $0.19 on Monday, hitting $5.76. The company had a trading volume of 41,810,315 shares, compared to its average volume of 98,499,695. D-Wave Quantum has a 52 week low of $0.75 and a 52 week high of $11.41. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of -13.68 and a beta of 1.10. The firm has a 50 day moving average of $6.03 and a two-hundred day moving average of $2.83.