Best Quantum Computing Stocks Worth Watching – November 11th

IonQ, D-Wave Quantum, and Quantinuum are the three 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 software or components, or services connected to the technology. For investors, the term can include both specialist firms and larger companies with quantum-computing divisions, and these stocks may carry substantial uncertainty because the technology and its commercial market are still developing. 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 down $0.42 during mid-day trading on Wednesday, reaching $34.57. 10,859,856 shares of the company’s stock were exchanged, compared to its average volume of 24,473,848. The stock’s 50 day moving average is $36.75 and its 200 day moving average is $41.44. IonQ has a 12-month low of $24.92 and a 12-month high of $73.65. The company has a market cap of $14.85 billion, a price-to-earnings ratio of 128.23 and a beta of 3.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.24 and a quick ratio of 10.66.

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 up $0.20 on Wednesday, hitting $10.69. 8,356,279 shares of the company were exchanged, compared to its average volume of 25,380,740. The company has a quick ratio of 20.42, a current ratio of 20.55 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average price of $14.34 and a 200 day moving average price of $18.76. 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 $3.95 billion, a price-to-earnings ratio of -15.05 and a beta of 2.35.

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 QNT traded down $2.09 during midday trading on Wednesday, hitting $40.91. 1,868,033 shares of the stock were exchanged, compared to its average volume of 2,324,810. The firm has a market cap of $10.77 billion and a price-to-earnings ratio of -146.11. The stock’s fifty day moving average is $43.07. Quantinuum has a 52-week low of $28.31 and a 52-week high of $86.79.