Promising Quantum Computing Stocks To Research – November 7th

IonQ, D-Wave Quantum, Quantinuum, Quantum Computing, and Horizon Quantum Computing Pte. 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 developing quantum computers, related hardware or software, or services that support the technology. For investors, they offer potential exposure to a developing industry, but many are early-stage businesses, so their prospects and share prices can be highly uncertain. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days.

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 $5.69 during trading on Friday, reaching $32.12. 42,656,594 shares of the company traded hands, compared to its average volume of 22,644,404. IonQ has a 12 month low of $24.92 and a 12 month high of $73.65. The business has a 50 day simple moving average of $36.91 and a 200 day simple moving average of $41.58. The company has a market capitalization of $13.79 billion, a price-to-earnings ratio of 118.98 and a beta of 3.32.

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.

D-Wave Quantum stock traded up $1.63 during trading hours on Friday, reaching $10.68. The stock had a trading volume of 26,390,938 shares, compared to its average volume of 14,263,563. The company has a market cap of $3.95 billion, a price-to-earnings ratio of -15.04 and a beta of 2.35. The company has a debt-to-equity ratio of 0.03, a current ratio of 20.55 and a quick ratio of 20.42. The business’s 50 day moving average price is $14.58 and its 200-day moving average price is $18.91. D-Wave Quantum has a 52 week low of $8.48 and a 52 week high of $32.39.

Quantinuum (QNT)

Quantum computing is quickly evolving from research to early commercial adoption to address the insatiable need for computing power in the digital age. Even as classical computing continues to advance in energy-efficient performance, the huge computational demands of new applications such as artificial intelligence (“AI”) are making it challenging for classical computing to keep pace.

Shares of NASDAQ:QNT traded up $7.75 during trading on Friday, reaching $37.57. The stock had a trading volume of 5,036,156 shares, compared to its average volume of 2,182,406. Quantinuum has a one year low of $28.31 and a one year high of $86.79. The firm has a market cap of $9.89 billion and a P/E ratio of -134.18. The stock has a 50-day moving average of $43.41.

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 $0.70 during trading hours on Friday, hitting $6.33. 11,367,707 shares of the stock were exchanged, compared to its average volume of 6,650,150. Quantum Computing has a 12 month low of $5.39 and a 12 month high of $14.45. The firm has a fifty day moving average price of $7.55 and a 200-day moving average price of $8.62. The company has a market cap of $1.43 billion, a PE ratio of -90.42 and a beta of 3.95.

Horizon Quantum Computing Pte. (HQ)

dMY Squared Technology Group Inc. is a blank check company. It formed for the purpose to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. dMY Squared Technology Group Inc. is based in LAS VEGAS.

NASDAQ HQ traded up $0.94 on Friday, hitting $11.44. The stock had a trading volume of 173,327 shares, compared to its average volume of 100,921. The business’s fifty day moving average price is $14.63 and its 200 day moving average price is $15.42. The stock has a market cap of $590.05 million, a price-to-earnings ratio of -24.87 and a beta of 0.37. Horizon Quantum Computing Pte. has a 52-week low of $8.29 and a 52-week high of $45.00.