Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report)’s share price was up 34.5% on Thursday . The stock traded as high as $31.79 and last traded at $27.70. Approximately 2,734,999 shares were traded during mid-day trading, an increase of 140% from the average daily volume of 1,137,375 shares. The stock had previously closed at $20.59.
Analyst Ratings Changes
Separately, HC Wainwright raised their price objective on Arqit Quantum from $27.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st.
Check Out Our Latest Analysis on Arqit Quantum
Arqit Quantum Price Performance
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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