Is Arqit Quantum Inc’s (NASDAQ: ARQQ) 3.44% Gain This Week Telling Us Something New?

During the last session, Arqit Quantum Inc (NASDAQ:ARQQ)’s traded shares were 0.48 million, with the beta value of the company hitting 1.27. At the end of the trading day, the stock’s price was $0.49, reflecting an intraday gain of 1.90% or $0.01. The 52-week high for the ARQQ share is $1.65, that puts it down -236.73 from that peak though still a striking 20.41% gain since the share price plummeted to a 52-week low of $0.39. The company’s market capitalization is $81.86M, and the average trade volume was 1.00 million shares over the past three months.

Arqit Quantum Inc (NASDAQ:ARQQ) trade information

Arqit Quantum Inc (ARQQ) registered a 1.90% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.90% in intraday trading to $0.49, hitting a weekly high. The stock’s 5-day price performance is 3.44%, and it has moved by -32.25% in 30 days. Based on these gigs, the overall price performance for the year is -56.06%.

Arqit Quantum Inc (ARQQ) estimates and forecasts

Statistics show that Arqit Quantum Inc has outperformed its competitors in share price, compared to the industry in which it operates. Arqit Quantum Inc (ARQQ) shares have gone up 21.92% during the last six months, with a year-to-date growth rate more than the industry average at 78.95% against 19.30. In the rating firms’ projections, revenue will increase 2,791.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 20.04M as predicted by 1 analyst(s).

ARQQ Dividends

Arqit Quantum Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Arqit Quantum Inc (NASDAQ:ARQQ)’s Major holders