Arqit Quantum Inc [ARQQ] stock prices are up 3.64% to $0.51 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ARQQ shares have lost -1.94% over the last week, with a monthly amount drifted -33.57%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Arqit Quantum Inc [NASDAQ: ARQQ] stock has seen the most recent analyst activity on July 19, 2022, when Deutsche Bank initiated its Hold rating and assigned the stock a price target of $7. Previously, H.C. Wainwright started tracking the stock with Buy rating on April 26, 2022, and set its price target to $16.
The stock price of Arqit Quantum Inc [ARQQ] has been fluctuating between $0.39 and $1.65 over the past year. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Arqit Quantum Inc [NASDAQ: ARQQ] shares were valued at $0.51 at the most recent close of the market. An investor can expect a potential return of 2645.1% based on the average ARQQ price forecast.
Analyzing the ARQQ fundamentals
Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -1.24%, Pretax Profit Margin comes in at 2.95%, and Net Profit Margin reading is 2.92%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4782 points at the first support level, and at 0.4416 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5632, and for the 2nd resistance point, it is at 0.6116.
Ratios To Look Out For
It’s worth pointing out that Arqit Quantum Inc [NASDAQ:ARQQ]’s Current Ratio is 3.22. In addition, the Quick Ratio stands at 3.22 and the Cash Ratio stands at 1.66. Considering the valuation of this stock, the price to sales ratio is 131.97, the price to book ratio is 1.26.
