Arqit Quantum Inc (NASDAQ:ARQQ) currently has a daily average trading volume of 516.28K but it saw 3471896 shares traded in last market. With a market cap of 330.01M USD, the company’s current market price of $25.89 came rising about 5.12 while comparing to the previous closing price of $24.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $52.79 and as low as $3.72.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the H.C. Wainwright which reiterated the stock as “Buy” in its note to investors issued on December 31, 2024, recommending a price target of between $27 and $52 for it. H.C. Wainwright issued its recommendations for the stock as it initiated the price target for the stock is $16.
Over the week, ARQQ’s stock price is moving 64.90% up while it is 89.67% when we observe its performance for the past one month. Year-to-date it is -33.34% down and over the past year, the stock is showing an upside performance of 137.09%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -1.39.
Currently, Arqit Quantum Inc’s total number of outstanding shares is 12.75M with 65.62% of that held by the insiders while 8.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -435.88% and return on equity (ROE) at -61.11%. Stock’s beta reads 2.21. Stock has a price to book (P/B) ratio of 25.29 while price to sale or P/S ratio amounts to 1137.97. Its return on asset (ROA) is -37.91% on average.
