Top Quantum Computing Stocks To Consider – November 5th

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 are shares of publicly traded companies that develop quantum computers, software, or related technologies—or supply components and services to the industry. For investors, they offer potential exposure to the growth of quantum computing, though many are not pure-play businesses and the technology remains early-stage and 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.

Shares of IONQ traded down $3.40 during trading hours on Thursday, reaching $26.14. The company’s stock had a trading volume of 22,340,601 shares, compared to its average volume of 24,370,664. The company has a 50 day moving average of $37.39 and a two-hundred day moving average of $41.79. The firm has a market cap of $11.22 billion, a price-to-earnings ratio of -5.58 and a beta of 3.32. IonQ has a 1-year low of $24.92 and a 1-year high of $73.65.

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 D-Wave Quantum stock traded down $1.45 during trading on Thursday, hitting $8.93. 16,356,837 shares of the stock traded hands, compared to its average volume of 25,431,717. The company has a debt-to-equity ratio of 0.03, a quick ratio of 20.42 and a current ratio of 20.55. The stock has a market cap of $3.30 billion, a P/E ratio of -12.58 and a beta of 2.35. D-Wave Quantum has a twelve month low of $8.48 and a twelve month high of $32.39. The company has a fifty day moving average price of $14.89 and a two-hundred day moving average price of $19.09.

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.

NASDAQ QNT traded down $3.33 during trading on Thursday, hitting $29.42. 2,351,714 shares of the company traded hands, compared to its average volume of 2,268,476. Quantinuum has a 12 month low of $28.31 and a 12 month high of $86.79. The business’s fifty day simple moving average is $44.20. The company has a market cap of $7.75 billion and a P/E ratio of -105.07.

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 $0.84 during trading on Thursday, hitting $5.58. The stock had a trading volume of 12,024,474 shares, compared to its average volume of 13,311,938. Quantum Computing has a 12 month low of $5.39 and a 12 month high of $14.45. The company has a 50 day simple moving average of $7.66 and a 200-day simple moving average of $8.68. The firm has a market cap of $1.26 billion, a PE ratio of -79.63 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 $2.12 during midday trading on Thursday, hitting $10.76. The company had a trading volume of 91,875 shares, compared to its average volume of 419,828. The firm has a fifty day simple moving average of $14.87 and a two-hundred day simple moving average of $15.48. Horizon Quantum Computing Pte. has a fifty-two week low of $8.29 and a fifty-two week high of $45.00. The stock has a market cap of $554.74 million, a price-to-earnings ratio of -23.40 and a beta of 0.37.