Promising Quantum Computing Stocks Worth Watching – January 31st

Rigetti Computing, IonQ, D-Wave Quantum, Booz Allen Hamilton, Quantum Computing, Rigetti Computing, and AmpliTech Group are the seven 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 development, manufacturing, or utilization of quantum computing technology. Investors may consider these stocks for potential growth opportunities based on advancements in quantum computing technology and its potential to revolutionize various industries through faster, more powerful computing capabilities. 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 RGTI traded up $1.59 during midday trading on Friday, hitting $13.89. The stock had a trading volume of 150,128,722 shares, compared to its average volume of 186,617,031. The company has a 50 day simple moving average of $9.83 and a two-hundred day simple moving average of $4.07. Rigetti Computing has a twelve month low of $0.66 and a twelve month high of $21.42. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of -36.64 and a beta of 1.31. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.84 and a quick ratio of 4.84.

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 up $2.10 during mid-day trading on Friday, hitting $40.91. The company had a trading volume of 14,213,771 shares, compared to its average volume of 36,128,051. The company has a market capitalization of $8.85 billion, a PE ratio of -50.88 and a beta of 2.43. The firm has a 50-day simple moving average of $38.22 and a two-hundred day simple moving average of $20.67. IonQ has a one year low of $6.22 and a one year 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.

Shares of NYSE QBTS traded up $0.42 during mid-day trading on Friday, hitting $6.06. The company had a trading volume of 58,669,897 shares, compared to its average volume of 100,449,289. D-Wave Quantum has a one year low of $0.75 and a one year high of $11.41. The company has a market capitalization of $1.63 billion, a PE ratio of -14.50 and a beta of 1.16. The firm has a 50-day simple moving average of $5.97 and a two-hundred day simple moving average of $2.77.

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 up $1.19 during midday trading on Friday, reaching $130.12. 1,953,136 shares of the company’s stock were exchanged, compared to its average volume of 1,933,264. Booz Allen Hamilton has a 52 week low of $121.02 and a 52 week high of $190.59. The firm has a market cap of $16.63 billion, a price-to-earnings ratio of 20.34, a P/E/G ratio of 1.53 and a beta of 0.55. The stock’s 50-day simple moving average is $136.19 and its 200 day simple moving average is $150.83. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56.

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.

Shares of NASDAQ QUBT traded up $1.02 during midday trading on Friday, reaching $11.02. The company’s stock had a trading volume of 17,680,850 shares, compared to its average volume of 38,723,844. Quantum Computing has a fifty-two week low of $0.35 and a fifty-two week high of $27.15. The business’s 50 day moving average price is $11.59 and its two-hundred day moving average price is $4.65. The company has a market cap of $1.42 billion, a P/E ratio of -38.06 and a beta of 2.83.

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.

Shares of NASDAQ RGTIW traded up $0.64 during midday trading on Friday, reaching $5.55. The company’s stock had a trading volume of 1,140,731 shares, compared to its average volume of 1,621,374. 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 moving average price is $4.02 and its two-hundred day moving average price is $1.50.

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.

AMPG traded up $0.07 during trading on Friday, hitting $2.03. 703,799 shares of the stock traded hands, compared to its average volume of 3,323,345. AmpliTech Group has a twelve month low of $0.64 and a twelve month high of $6.43. The company has a market cap of $35.40 million, a price-to-earnings ratio of -2.51 and a beta of -1.17. 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 business has a 50 day moving average price of $2.34 and a 200 day moving average price of $1.42.