Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Arqit Quantum Inc (NASDAQ: ARQQ) was $16.50 for the day, up 3.12% from the previous closing price of $16.00. In other words, the price has increased by $3.12 from its previous closing price. On the day, 0.68 million shares were traded.
Ratios:
Our analysis of ARQQ’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 725.25 while its Price-to-Book (P/B) ratio in mrq is 16.12.
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 10.34%, while the 200-Day Moving Average is calculated to be 13.56%.
Shares Statistics:
A total of 12.75M shares are outstanding, with a floating share count of 5.99M. Insiders hold about 52.99% of the company’s shares, while institutions hold 3.42% stake in the company.
