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After finishing at $30.93 in the prior trading day, Arqit Quantum Inc (NASDAQ: ARQQ) closed at $29.13, down -5.82%. In other words, the price has decreased by -$5.82 from its previous closing price. On the day, 0.62 million shares were traded. ARQQ stock price reached its highest trading level at $30.8 during the session, while it also had its lowest trading level at $26.1.
Ratios:
Our goal is to gain a better understanding of ARQQ by taking a closer look at 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, Deutsche Bank on July 19, 2022, initiated with a Hold rating and assigned the stock a target price of $7.
On April 26, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when Feenan Paul bought 4,700 shares for $25.89 per share.
Pointon Nicholas bought 369 shares of ARQQ for $1,573 on Oct 14 ’24. On Oct 14 ’24, another insider, Feenan Paul, who serves as the Officer of the company, bought 1,035 shares for $4.26 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 364241504 and an Enterprise Value of 147343200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1182.91 while its Price-to-Book (P/B) ratio in mrq is 28.46. Its current Enterprise Value per Revenue stands at 199.112 whereas that against EBITDA is -2.381.
Stock Price History:
Over the past 52 weeks, ARQQ has reached a high of $42.90, while it has fallen to a 52-week low of $3.72. The 50-Day Moving Average of the stock is 96.95%, while the 200-Day Moving Average is calculated to be 162.38%.
Shares Statistics:
The stock has traded on average 580.76K shares per day over the past 3-months and 1529080 shares per day over the last 10 days, according to various share statistics. 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 0.84% stake in the company. Shares short for ARQQ as of 1731628800 were 222341 with a Short Ratio of 0.51, compared to 1728950400 on 130967. Therefore, it implies a Short% of Shares Outstanding of 222341 and a Short% of Float of 5.6399997.
