At the time of writing, Arqit Quantum Inc [ARQQ] stock is trading at $29.07, up 22.25%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ARQQ shares have gain 10.87% over the last week, with a monthly amount glided 92.01%, and 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.
For the past year, the stock price of Arqit Quantum Inc fluctuated 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 $29.07 at the most recent close of the market. An investor can expect a potential drop of -51.84% based on the average ARQQ price forecast.
Analyzing the ARQQ fundamentals
Gross Profit Margin for this corporation currently stands at -1.19% with Operating Profit Margin at -75.57%, Pretax Profit Margin comes in at -73.47%, and Net Profit Margin reading is -70.39%. To continue investigating profitability, this company’s Return on Assets is posted at -0.82, Equity is -1.73 and Total Capital is -1.39. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 26.30 points at the first support level, and at 23.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.81, and for the 2nd resistance point, it is at 32.54.
Ratios To Look Out For
It is important to note that Arqit Quantum Inc [NASDAQ:ARQQ] has a current ratio of 2.45. As well, the Quick Ratio is 2.45, while the Cash Ratio is 2.29. Considering the valuation of this stock, the price to sales ratio is 1738.69, the price to book ratio is 24.52.
Transactions by insiders
Recent insider trading involved Willcocks Patrick, Officer, that happened on Apr 02 ’25 when 532.0 shares were purchased. Officer, Pointon Nicholas completed a deal on Apr 02 ’25 to buy 480.0 shares. Meanwhile, Officer Leaver Andrew bought 2286.0 shares on Apr 02 ’25.
