The Future of Arqit Quantum Inc: Analyzing ARQQ

In terms of market performance, Arqit Quantum Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $1.65 on 06/09/23, while the lowest value was $0.39 on 10/26/23.

52-week price history of ARQQ Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Arqit Quantum Inc’s current trading price is -62.42% away from its 52-week high, while its distance from the 52-week low is 58.59%. The stock’s price range for this period has remained between $0.39 and $1.65. The Technology sector company’s shares managed to surpass a trading volume of around 2.44 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.93 million over the last three months.

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Financial Performance and Market Capitalization

Arqit Quantum Inc (ARQQ) has experienced a quarterly rise of 30.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 101.74M and boasts a workforce of 147 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5619, with a change in price of +0.1301. Similarly, Arqit Quantum Inc recorded 914,299 in trading volume during the last 100 days, posting a change of +26.55%.

ARQQ Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ARQQ stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.09.

ARQQ Stock Stochastic Average

As of today, the raw stochastic average of Arqit Quantum Inc over the last 50 days is at 40.01%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 16.56%. Further, the company’s Stochastic %K and %D values for the last 20 days were 19.32% and 21.14%, respectively.

ARQQ Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price increase of 30.82%. However, over the past six months, we’ve seen a weaker performance of 4.22%. The price of ARQQ leaped by -15.28% over the last 30 days. And in the last five days, it has fallen by -16.20%.

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