Arqit Quantum Inc. (NASDAQ:ARQQ – Get Free Report) traded up 18.1% on Wednesday . The company traded as high as $25.41 and last traded at $21.32. 741,617 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 907,535 shares. The stock had previously closed at $18.05.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright boosted their target price on Arqit Quantum from $27.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st.
Get Our Latest Stock Analysis on Arqit Quantum
Arqit Quantum Trading Up 21.9 %
Arqit Quantum Company Profile
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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