Arqit Quantum Inc (ARQQ) concluded trading on Thursday at a closing price of $28.28, with 4.16 million shares of worth about $117.6 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 196.05% during that period and on January 16, 2025 the price saw a gain of about 37.35%. Currently the company’s common shares owned by public are about 12.50M shares, out of which, 5.45M shares are available for trading.
Stock saw a price change of 14.91% in past 5 days and over the past one month there was a price change of 19.32%. Year-to-date (YTD), ARQQ shares are showing a performance of -27.19% which increased to 152.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.72 but also hit the highest price of $52.79 during that period. The average intraday trading volume for Arqit Quantum Inc shares is 812.36K. The stock is currently trading -11.45% below its 20-day simple moving average (SMA20), while that difference is up 28.52% for SMA50 and it goes to 134.67% higher than SMA200.
Arqit Quantum Inc (NASDAQ: ARQQ) currently have 12.50M outstanding shares and institutions hold larger chunk of about 0.84% of that.
The stock has a current market capitalization of $353.62M and its 3Y-monthly beta is at 2.13. It has posted earnings per share of -$7.76 in the same period. It has Quick Ratio of 1.94 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ARQQ, volatility over the week remained 28.24% while standing at 28.76% over the month.
Analysts are in expectations that Arqit Quantum Inc (ARQQ) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 70.67%.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by H.C. Wainwright on December 31, 2024 offering a Buy rating for the stock and assigned a target price range of between $27 and $52 to it. Coverage by Deutsche Bank stated Arqit Quantum Inc (ARQQ) stock as a Hold in their note to investors on July 19, 2022, suggesting a price target of $7 for the stock.
