Arqit Quantum Inc (NASDAQ: ARQQ) is -36.25% lower on its value in year-to-date trading and has touched a low of $3.72 and a high of $52.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARQQ stock was last observed hovering at around $25.89 in the last trading session, with the day’s loss setting it -1.13%.
Currently trading at $24.76, the stock is 39.07% and 51.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.31 million and changing -4.36% at the moment leaves the stock 64.37% off its SMA200. ARQQ registered 146.92% gain for a year compared to 6-month gain of 226.22%. The firm has a 50-day simple moving average (SMA 50) of $16.3836 and a 200-day simple moving average (SMA200) of $15.063125.
The stock witnessed a 70.17% loss in the last 1 month and extending the period to 3 months gives it a 54.75%, and is 63.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.85% over the week and 8.42% over the month.
Arqit Quantum Inc (ARQQ) has around 82 employees, a market worth around $315.61M and $0.29M in sales. Profit margin for the company is -18628.33%. Distance from 52-week low is 565.59% and -53.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-435.88%).
, but quarterly earnings will post 1,781.23% year-over-year.
48.0 institutions hold shares in Arqit Quantum Inc (ARQQ), with institutional investors hold 25.85% of the company’s shares. The shares outstanding are 12.75M, and float is at 5.99M with Short Float at 9.33%. Institutions hold 8.88% of the Float.
The top institutional shareholder in the company is MILLENNIUM MANAGEMENT LLC with over 0.79 million shares valued at $0.27 million. The investor’s holdings represent 0.6245 of the ARQQ Shares outstanding. As of 2024-06-30, the second largest holder is JANE STREET GROUP, LLC with 0.83 million shares valued at $0.28 million to account for 0.4982 of the shares outstanding. The other top investors are HRT FINANCIAL LP which holds 0.2 million shares representing 0.1611 and valued at over $69000.0, while MORGAN STANLEY holds 0.1161 of the shares totaling 0.15 million with a market value of $50225.0.
Arqit Quantum Inc (ARQQ) Insider Activity
Still, SEC filings show that on Apr 02 ’25, Leaver Andrew (Officer) Proposed Sale 2,286 shares at an average price of $13.81 for $31566.0. The insider now directly holds shares of Arqit Quantum Inc (ARQQ).
