Arqit Quantum (NASDAQ:ARQQW) Shares Up 2.3% – Still a Buy?

Arqit Quantum Inc. (NASDAQ:ARQQWGet Free Report) shares were up 2.3% during trading on Thursday . The company traded as high as $2.82 and last traded at $2.71. Approximately 17,071 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 190,726 shares. The stock had previously closed at $2.65.

Arqit Quantum Price Performance

The firm has a 50 day moving average price of $2.62 and a 200 day moving average price of $1.01.

About Arqit Quantum

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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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