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As of close of business last night, Arqit Quantum Inc’s stock clocked out at $23.78, down -11.00% from its previous closing price of $26.72. In other words, the price has decreased by -$11.00 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
To gain a deeper understanding of ARQQ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.45 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on December 31, 2024, Reiterated its Buy rating but revised its target price to $52 from $27 previously.
On July 19, 2022, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $7.
On April 26, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $16.H.C. Wainwright initiated its Buy rating on April 26, 2022, with a $16 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 02 ’25 when Willcocks Patrick bought 532 shares for $13.81 per share.
Pointon Nicholas bought 480 shares of ARQQ for $6,628 on Apr 02 ’25. On Apr 02 ’25, another insider, Leaver Andrew, who serves as the Officer of the company, bought 2,286 shares for $13.81 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1422.29 while its Price-to-Book (P/B) ratio in mrq is 20.06.
Stock Price History:
Over the past 52 weeks, ARQQ has reached a high of $52.79, while it has fallen to a 52-week low of $3.72. The 50-Day Moving Average of the stock is 27.65%, while the 200-Day Moving Average is calculated to be 46.12%.
Shares Statistics:
A total of 14.35M shares are outstanding, with a floating share count of 6.21M. Insiders hold about 56.75% of the company’s shares, while institutions hold 4.10% stake in the company.