Arqit Quantum Inc (NASDAQ: ARQQ): Can A Stock Be Down -0.53% YTD, And Still Be A Loser

Arqit Quantum Inc (NASDAQ:ARQQ)’s traded shares stood at 0.44 million during the last session, with the company’s beta value hitting 1.27. At the close of trading, the stock’s price was $0.47, to imply a decrease of -5.13% or -$0.03 in intraday trading. The ARQQ share’s 52-week high remains $1.65, putting it -251.06% down since that peak but still an impressive 17.02% since price per share fell to its 52-week low of $0.39. The company has a valuation of $79.14M, with an average of 1.00 million shares over the past 3 months.

Arqit Quantum Inc (NASDAQ:ARQQ) trade information

After registering a -5.13% downside in the last session, Arqit Quantum Inc (ARQQ) has traded red over the past five days. The stock hit a weekly high of 0.5750, dropping -5.13% in its intraday price action. The 5-day price performance for the stock is -5.07%, and -36.61% over 30 days. With these gigs, the year-to-date price performance is -0.53%.

Arqit Quantum Inc (ARQQ) estimates and forecasts

Looking at statistics comparing Arqit Quantum Inc share performance against respective industry, we note that the company has outperformed competitors. Arqit Quantum Inc (ARQQ) shares are -6.34% down over the last 6 months, with its year-to-date growth rate higher than industry average at 78.95% against 18.30%.

ARQQ Dividends

Arqit Quantum Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Arqit Quantum Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.