Arqit Quantum Inc (NASDAQ:ARQQ)’s traded shares stood at 0.51 million during the last session, with the company’s beta value hitting 2.34. At the close of trading, the stock’s price was $35.08, to imply a decrease of -1.54% or -$0.55 in intraday trading. The ARQQ share’s 52-week high remains $52.79, putting it -50.48% down since that peak but still an impressive 89.4% since price per share fell to its 52-week low of $3.72. The company has a valuation of $503.56M, with an average of 1.33 million shares in intraday trading volume over the past 10 days and average of 901.04K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Arqit Quantum Inc (ARQQ), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ARQQ a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Arqit Quantum Inc (NASDAQ:ARQQ) trade information
After registering a -1.54% downside in the last session, Arqit Quantum Inc (ARQQ) has traded red over the past five days. The 5-day price performance for the stock is -13.57%, and 48.64% over 30 days. With these gigs, the year-to-date price performance is 343.91%. Short interest in Arqit Quantum Inc (NASDAQ:ARQQ) saw shorts transact 0.28 million shares and set a 0.23 days time to cover.
The extremes give us $14 and $14 for target low and target high price respectively. As such, ARQQ has been trading 60.09% off suggested target high and 60.09% from its likely low.
ARQQ Dividends
Arqit Quantum Inc has its next earnings report out in August. 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 (NASDAQ:ARQQ)’s Major holders
Arqit Quantum Inc insiders hold 64.43% of total outstanding shares, with institutional holders owning 8.28% of the shares at 23.29% float percentage. In total, 8.28% institutions holds shares in the company, led by JANE STREET GROUP, LLC. As of 2024-06-30, the company held over 0.83 million shares (or 0.6551% of shares), all amounting to roughly $0.28 million.
The next major institution holding the largest number of shares is MILLENNIUM MANAGEMENT LLC with 0.79 million shares, or about 0.6245% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.27 million.
We also have Hussman Investment Trust-Hussman Strategic Market Cycle Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund as the top two Mutual Funds with the largest holdings of the Arqit Quantum Inc (ARQQ) shares. Going by data provided on Mar 31, 2025 , Hussman Investment Trust-Hussman Strategic Market Cycle Fund holds roughly 10.0 shares. This is just over 0.07% of the total shares, with a market valuation of $0.35 million. Data from the same date shows that the other fund manager holds a little less at 7.22, or 0.05% of the shares, all valued at about 0.25 million.