Shares of Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) traded up 18.1% during trading on Wednesday . The stock traded as high as $25.41 and last traded at $21.32. 741,617 shares were traded during trading, a decline of 18% from the average session volume of 907,535 shares. The stock had previously closed at $18.05.
Wall Street Analyst Weigh In
Separately, HC Wainwright upped their target price on shares of Arqit Quantum from $27.00 to $52.00 and gave the stock a "buy" rating in a report on Tuesday, December 31st.
Read Our Latest Report on Arqit Quantum
Arqit Quantum Stock Performance
The firm has a 50 day moving average of $23.30 and a 200-day moving average of $12.89.
Arqit Quantum Company Profile
(
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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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