Best Quantum Computing Stocks Worth Watching – November 10th

IonQ, D-Wave Quantum, Quantinuum, Quantum Computing, and Horizon Quantum Computing Pte. are the five Quantum Computing stocks to watch today, according to MarketBeat’s stock screener tool. “Quantum computing stocks” refers to shares of publicly traded companies that develop quantum computers or related technologies, or that may benefit from their commercial use. For investors, it’s an informal category rather than a formal market sector, and these stocks can be speculative because the technology is still emerging. 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.

NYSE IONQ traded down $0.71 on Tuesday, reaching $34.62. The company’s stock had a trading volume of 11,737,875 shares, compared to its average volume of 24,507,357. IonQ has a twelve month low of $24.92 and a twelve month high of $73.65. The stock has a market cap of $14.87 billion, a PE ratio of 128.46 and a beta of 3.32. The firm’s 50 day moving average is $36.84 and its two-hundred day moving average is $41.51.

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 NASDAQ QBTS traded down $1.14 during mid-day trading on Tuesday, hitting $10.33. 19,314,941 shares of the company traded hands, compared to its average volume of 25,425,457. The company has a quick ratio of 20.42, a current ratio of 20.55 and a debt-to-equity ratio of 0.03. D-Wave Quantum has a 1 year low of $8.48 and a 1 year high of $32.39. The stock has a market capitalization of $3.82 billion, a price-to-earnings ratio of -14.61 and a beta of 2.35. The business has a 50 day moving average of $14.47 and a two-hundred day moving average of $18.84.

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 $3.01 during mid-day trading on Tuesday, hitting $43.05. The stock had a trading volume of 2,644,992 shares, compared to its average volume of 2,315,216. The stock has a market capitalization of $11.34 billion and a P/E ratio of -153.75. Quantinuum has a 12-month low of $28.31 and a 12-month high of $86.79. The firm’s 50 day simple moving average is $43.21.

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 $0.61 on Tuesday, reaching $6.25. 5,558,134 shares of the company traded hands, compared to its average volume of 13,276,447. The stock’s 50 day moving average price is $7.53 and its 200-day moving average price is $8.59. Quantum Computing has a 52-week low of $5.39 and a 52-week high of $14.45. The company has a market cap of $1.41 billion, a price-to-earnings ratio of -89.39 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 down $1.16 during trading on Tuesday, reaching $12.65. The company’s stock had a trading volume of 57,808 shares, compared to its average volume of 415,932. Horizon Quantum Computing Pte. has a 1-year low of $8.29 and a 1-year high of $45.00. The business has a 50-day moving average price of $14.60 and a 200-day moving average price of $15.41. The stock has a market capitalization of $652.46 million, a PE ratio of -27.90 and a beta of 0.37.