On Monday, Arqit Quantum Inc (NASDAQ: ARQQ) was 8.21% up from the session before settling in for the closing price of $19.98. A 52-week range for ARQQ has been $3.72 – $23.00.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 3715.52%. When this article was written, the company’s average yearly earnings per share was at 67.84%. With a float of $4.08 million, this company’s outstanding shares have now reached $34.50 million.
The extent of productivity of a business whose workforce counts for 147 workers is very important to gauge. In terms of profitability, gross margin is -53.24%, operating margin of -6537.36%, and the pretax margin is -9232.16%.
Arqit Quantum Inc (ARQQ) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arqit Quantum Inc stocks. The insider ownership of Arqit Quantum Inc is 66.73%, while institutional ownership is 0.86%. The most recent insider transaction that took place on Oct 14 ’24, was worth 1,573. Before that another transaction happened on Oct 14 ’24, when Company’s Officer proposed sale 1,035 for $4.26, making the entire transaction worth $4,413.
Arqit Quantum Inc (ARQQ) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 67.84% per share during the next fiscal year.
Arqit Quantum Inc (NASDAQ: ARQQ) Trading Performance Indicators
You can see what Arqit Quantum Inc (ARQQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 399.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58 and is forecasted to reach -1.53 in one year’s time.
Technical Analysis of Arqit Quantum Inc (ARQQ)
The latest stats from [Arqit Quantum Inc, ARQQ] show that its last 5-days average volume of 1.31 million was superior to 0.11 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 76.25%. Additionally, its Average True Range was 3.05.
During the past 100 days, Arqit Quantum Inc’s (ARQQ) raw stochastic average was set at 62.20%, which indicates a significant increase from 57.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 223.85% in the past 14 days, which was higher than the 164.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.62, while its 200-day Moving Average is $10.31. Now, the first resistance to watch is $29.32. This is followed by the second major resistance level at $37.03. The third major resistance level sits at $41.55. If the price goes on to break the first support level at $17.09, it is likely to go to the next support level at $12.57. The third support level lies at $4.86 if the price breaches the second support level.
Arqit Quantum Inc (NASDAQ: ARQQ) Key Stats
There are 6,825K outstanding shares of the company, which has a market capitalization of 295.99 million. As of now, sales total 640 K while income totals -70,390 K. Its latest quarter income was 50 K while its last quarter net income were -267,660 K.
