A share price of Arqit Quantum Inc [ARQQ] is currently trading at $15.00, up 15.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ARQQ shares have gain 18.95% over the last week, with a monthly amount drifted -16.67%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Arqit Quantum Inc [NASDAQ: ARQQ] stock has seen the most recent analyst activity on December 31, 2024, when H.C. Wainwright reiterated its Buy rating and also boosted its price target to $52 from $27. Previously, Deutsche Bank started tracking the stock with Hold rating on July 19, 2022, and set its price target to $7. On April 26, 2022, H.C. Wainwright initiated with a Buy rating and assigned a price target of $16 on the stock.
Arqit Quantum Inc experienced fluctuations in its stock price throughout the past year between $3.72 and $52.79. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Arqit Quantum Inc [NASDAQ: ARQQ] shares were valued at $15.00 at the most recent close of the market. An investor can expect a potential drop of -6.67% based on the average ARQQ price forecast.
Analyzing the ARQQ fundamentals
Gross Profit Margin for this corporation currently stands at -0.53% with Operating Profit Margin at -65.37%, Pretax Profit Margin comes in at -92.32%, and Net Profit Margin reading is -108.71%. To continue investigating profitability, this company’s Return on Assets is posted at -3.01, Equity is -2.95 and Total Capital is -3.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 13.72 points at the first support level, and at 12.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.77, and for the 2nd resistance point, it is at 16.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Arqit Quantum Inc [NASDAQ:ARQQ] is 1.94. Further, the Quick Ratio stands at 1.94, while the Cash Ratio is 1.53. Considering the valuation of this stock, the price to sales ratio is 659.31, the price to book ratio is 14.65.
Transactions by insiders
Recent insider trading involved Pointon Nicholas, Officer, that happened on Feb 14 ’25 when 122.0 shares were purchased. Officer, Willcocks Patrick completed a deal on Feb 13 ’25 to buy 672.0 shares. Meanwhile, Officer Shiu Daniel bought 41.0 shares on Jan 28 ’25.
