Best Quantum Computing Stocks To Add to Your Watchlist - April 22nd

IonQ, Booz Allen Hamilton, and Rigetti Computing are the three Quantum Computing stocks to watch today, according to MarketBeat's stock screener tool. Quantum computing stocks are shares in companies that develop or utilize quantum computing technology, which leverages the principles of quantum mechanics to process information in fundamentally new ways. These stocks often represent firms involved in research, hardware production, or software development aimed at harnessing quantum phenomena for advanced computational tasks. As an emerging sector, investment in quantum computing stocks is seen as a bet on future breakthroughs that could revolutionize various industries. 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 stock traded up $1.60 during mid-day trading on Tuesday, reaching $25.63. The stock had a trading volume of 8,544,481 shares, compared to its average volume of 15,844,174. The stock's 50-day moving average price is $25.49 and its two-hundred day moving average price is $29.04. The firm has a market capitalization of $5.71 billion, a PE ratio of -31.44 and a beta of 2.50. IonQ has a 52-week low of $6.22 and a 52-week high of $54.74.

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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.

NYSE:BAH traded up $1.56 during mid-day trading on Tuesday, reaching $113.51. 879,375 shares of the company's stock traded hands, compared to its average volume of 1,487,669. Booz Allen Hamilton has a 12-month low of $101.05 and a 12-month high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The company has a 50 day moving average price of $110.55 and a 200-day moving average price of $134.14. The firm has a market capitalization of $14.37 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 1.25 and a beta of 0.58.

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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 $0.44 during mid-day trading on Tuesday, hitting $8.55. 9,652,929 shares of the company's stock traded hands, compared to its average volume of 48,877,041. The business's 50-day moving average price is $9.14 and its 200-day moving average price is $7.73. Rigetti Computing has a 1 year low of $0.66 and a 1 year high of $21.42. The firm has a market capitalization of $2.44 billion, a P/E ratio of -22.17 and a beta of 1.41. The company has a quick ratio of 4.84, a current ratio of 4.84 and a debt-to-equity ratio of 0.02.

Read Our Latest Research Report on RGTI