Arqit Quantum Inc (NASDAQ:ARQQ) currently has a daily average trading volume of 719.13K but it saw 3500389 shares traded in last market. With a market cap of 545.05M USD, the company’s current market price of $37.97 came rising about 22.40 while comparing to the previous closing price of $31.02. 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 39.85% up while it is 56.45% when we observe its performance for the past one month. Year-to-date it is -2.24% down and over the past year, the stock is showing an upside performance of 310.49%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -3.22.
Currently, Arqit Quantum Inc’s total number of outstanding shares is 14.35M. Company’s return on investment (ROI) stands at -145.42% and return on equity (ROE) at -160.52%. Stock’s beta reads 2.13. Stock has a price to book (P/B) ratio of 32.03 while price to sale or P/S ratio amounts to 2271.04. Its return on asset (ROA) is -70.60% on average.
