Promising Quantum Computing Stocks To Follow Now – November 12th

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 that develop quantum computers, related hardware or software, or provide services and technologies supporting the field. For investors, they offer potential exposure to the growth of quantum computing, but many are speculative investments, and some companies’ quantum businesses make up only a small part of their overall operations. 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.

Shares of NYSE:IONQ traded down $2.98 during trading on Thursday, hitting $31.08. The stock had a trading volume of 11,743,775 shares, compared to its average volume of 24,441,176. IonQ has a 12-month low of $24.92 and a 12-month high of $73.65. The company has a quick ratio of 10.66, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $13.34 billion, a price-to-earnings ratio of 114.86 and a beta of 3.32. The stock has a 50-day simple moving average of $36.68 and a two-hundred day simple moving average of $41.37.

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 down $0.58 during midday trading on Thursday, hitting $10.06. 8,063,683 shares of the company were exchanged, compared to its average volume of 25,330,447. The business has a fifty day simple moving average of $14.22 and a two-hundred day simple moving average of $18.68. The firm has a market capitalization of $3.72 billion, a PE ratio of -23.35 and a beta of 2.35. D-Wave Quantum has a fifty-two week low of $8.48 and a fifty-two week high of $32.39. The company has a debt-to-equity ratio of 0.03, a quick ratio of 20.42 and a current ratio of 20.55.

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 Quantinuum stock traded down $1.87 on Thursday, reaching $38.70. The company’s stock had a trading volume of 775,451 shares, compared to its average volume of 2,322,132. The business has a 50-day simple moving average of $42.93. The firm has a market capitalization of $10.19 billion and a P/E ratio of -51.60. Quantinuum has a 52-week low of $28.31 and a 52-week high of $86.79.

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.

Quantum Computing stock traded down $0.36 during midday trading on Thursday, reaching $5.80. The company had a trading volume of 4,877,017 shares, compared to its average volume of 13,228,507. Quantum Computing has a 12-month low of $5.39 and a 12-month high of $14.45. The firm’s fifty day simple moving average is $7.46 and its 200-day simple moving average is $8.54. The company has a market capitalization of $1.32 billion, a P/E ratio of -38.70 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.

Shares of NASDAQ HQ traded down $0.42 during midday trading on Thursday, hitting $12.37. The stock had a trading volume of 34,273 shares, compared to its average volume of 411,985. Horizon Quantum Computing Pte. has a 1 year low of $8.29 and a 1 year high of $45.00. The company has a market capitalization of $638.10 million, a PE ratio of -27.20 and a beta of 0.37. The stock has a 50 day simple moving average of $14.52 and a 200-day simple moving average of $15.37.