Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report) shares were down 16.1% during trading on Monday . The company traded as low as $17.80 and last traded at $18.40. Approximately 440,597 shares changed hands during trading, a decline of 50% from the average daily volume of 884,158 shares. The stock had previously closed at $21.92.
Analyst Upgrades and Downgrades
Separately, HC Wainwright increased their price objective on Arqit Quantum from $27.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, December 31st.
Get Our Latest Stock Report on Arqit Quantum
Arqit Quantum Stock Down 22.9 %
Arqit Quantum Company Profile
Arqit Quantum Inc provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc is based in London, the United Kingdom.
Featured Stories
- Five stocks we like better than Arqit Quantum
- What Investors Need to Know About Upcoming IPOs
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- Industrial Products Stocks Investing
- Delta Can Fly to New Highs in 2025; Here’s Why
- Which Wall Street Analysts are the Most Accurate?
- Snowflake Stock: Bullish Upgrades Demand Investors’ Attention
Receive News & Ratings for Arqit Quantum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arqit Quantum and related companies with MarketBeat.com's FREE daily email newsletter.
