Arqit Quantum Inc. (NASDAQ:ARQQW – Get Free Report)’s stock price dropped 18.3% during mid-day trading on Tuesday . The company traded as low as $2.65 and last traded at $2.90. Approximately 313,260 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 364,515 shares. The stock had previously closed at $3.55.
Arqit Quantum Price Performance
The company has a 50 day simple moving average of $1.00 and a 200-day simple moving average of $0.41.
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.
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