Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report) was down 3.6% during trading on Tuesday . The company traded as low as $35.61 and last traded at $37.60. Approximately 262,635 shares traded hands during trading, a decline of 67% from the average daily volume of 784,642 shares. The stock had previously closed at $39.00.
Analyst Upgrades and Downgrades
Separately, HC Wainwright increased their price target on Arqit Quantum from $27.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st.
Check Out Our Latest Stock Report on ARQQ
Arqit Quantum Trading Down 31.1 %
About Arqit Quantum
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.
Further Reading
- Five stocks we like better than Arqit Quantum
- Compound Interest and Why It Matters When Investing
- MercadoLibre: Latin America’s Digital Titan Just Got Cheaper
- Trading Halts Explained
- Breaking Down Pegasystems, A Wedbush Top AI Pick for 2025
- Stock Splits, Do They Really Impact Investors?
- Shutterstock and Getty: A $3.7 Billion Visual Content Giant
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.
