Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Arqit Quantum Inc’s stock clocked out at $29.11, down -0.03% from its previous closing price of $29.12. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 0.66 million shares were traded. ARQQ stock price reached its highest trading level at $31.1 during the session, while it also had its lowest trading level at $28.0.
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 1.94 and its Current Ratio is at 1.94. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 Jan 10 ’25 when Pointon Nicholas bought 132 shares for $24.00 per share.
Willcocks Patrick bought 567 shares of ARQQ for $13,856 on Jan 08 ’25. On Jan 08 ’25, another insider, Pointon Nicholas, who serves as the Officer of the company, bought 512 shares for $24.44 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARQQ now has a Market Capitalization of 371018592 and an Enterprise Value of 147343200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1255.16 while its Price-to-Book (P/B) ratio in mrq is 28.44. Its current Enterprise Value per Revenue stands at 199.112 whereas that against EBITDA is -2.381.
Stock Price History:
The Beta on a monthly basis for ARQQ is 2.08, which has changed by 1.6472728 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. 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 24.66%, while the 200-Day Moving Average is calculated to be 137.48%.
Shares Statistics:
It appears that ARQQ traded 939.03K shares on average per day over the past three months and 1481790 shares per day over the past ten days. A total of 12.50M shares are outstanding, with a floating share count of 5.45M. Insiders hold about 56.42% of the company’s shares, while institutions hold 0.93% stake in the company. Shares short for ARQQ as of 1731628800 were 222341 with a Short Ratio of 0.48, compared to 1728950400 on 130967. Therefore, it implies a Short% of Shares Outstanding of 222341 and a Short% of Float of 5.6399997.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$1.39 and -$1.39 for the fiscal current year, implying an average EPS of -$1.39.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for ARQQ’s current fiscal year. The highest revenue estimate was $5.51M, while the lowest revenue estimate was $5.51M, resulting in an average revenue estimate of $5.51M. In the same quarter a year ago, actual revenue was $293k
