Arqit Quantum Inc (ARQQ) stock is currently valued at $34.68. During the last session, the stock experienced a remarkable rise, reaching $52.0 after opening at $34.68. The stock briefly dropped to $52.0 before ultimately closing at $38.27.
Arqit Quantum Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $52.79 on 12/27/24, while the lowest price for the same period was registered at $3.72 on 09/26/24.
52-week price history of ARQQ Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Arqit Quantum Inc’s current trading price is -34.31% away from its 52-week high, while its distance from the 52-week low is 832.26%. The stock’s price range during this period has spanned from $3.72 to $52.79. In the Technology sector, the Arqit Quantum Inc’s shares surpassed a trading volume of approximately 0.89 million for the day, which was noticeably lower compared to the average daily volume of 9.0.96 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Arqit Quantum Inc (ARQQ) has experienced a quarterly rise of 158.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 497.82M and boasts a workforce of 82 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.76, with a change in price of +18.15. Similarly, Arqit Quantum Inc recorded 764,356 in trading volume during the last 100 days, posting a change of +109.80%.
Examining ARQQ’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ARQQ stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
ARQQ Stock Stochastic Average
Today’s raw stochastic average for Arqit Quantum Inc over the last 50 days is 66.26%.This indicates a increase from the raw stochastic average of the past 20 days, which was 52.74%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 67.89% and 68.13%, respectively.
ARQQ Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 299.77%. However, over the last six months, the performance has been stronger by -2.86%. The price of ARQQ increased 38.22% over the last 30 days. And in the last five days, it has fallen by -1.14%.
