A new trading day began on Monday, with Arqit Quantum Inc (NASDAQ: ARQQ) stock price down -23.49% from the previous day of trading, before settling in for the closing price of $21.92. ARQQ’s price has ranged from $3.72 to $52.79 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 2961.58% over the last five years. Meanwhile, its annual earnings per share averaged 70.67%. With a float of $5.45 million, this company’s outstanding shares have now reached $12.50 million.
The firm has a total of 82 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Arqit Quantum Inc is 56.42%, while institutional ownership is 0.84%. The most recent insider transaction that took place on Jan 10 ’25, was worth 3,168. Before that another transaction happened on Jan 08 ’25, when Company’s Officer proposed sale 567 for $24.44, making the entire transaction worth $13,856.
Arqit Quantum Inc (ARQQ) Earnings and Forecasts
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 70.67% per share during the next fiscal year.
Arqit Quantum Inc (NASDAQ: ARQQ) Trading Performance Indicators
Here are Arqit Quantum Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 723.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.76
Technical Analysis of Arqit Quantum Inc (ARQQ)
Analysing the last 5-days average volume posted by the [Arqit Quantum Inc, ARQQ], we can find that recorded value of 0.98 million was better than the volume posted last year of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 4.52%. Additionally, its Average True Range was 7.18.
During the past 100 days, Arqit Quantum Inc’s (ARQQ) raw stochastic average was set at 26.59%, which indicates a significant increase from 3.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 273.08% in the past 14 days, which was higher than the 206.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.00, while its 200-day Moving Average is $11.98. Now, the first resistance to watch is $19.71. This is followed by the second major resistance level at $22.64. The third major resistance level sits at $24.70. If the price goes on to break the first support level at $14.72, it is likely to go to the next support level at $12.66. Should the price break the second support level, the third support level stands at $9.73.
Arqit Quantum Inc (NASDAQ: ARQQ) Key Stats
With a market capitalization of 209.69 million, the company has a total of 12,504K Shares Outstanding. Currently, annual sales are 290 K while annual income is -54,580 K. The company’s previous quarter sales were 0 K while its latest quarter income was 0 K.
