Stocks of Arqit Quantum Inc (ARQQ) are poised to climb above their peers

With 2.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.8 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $23.8899 whereas the lowest price it dropped to was $16.03. The 52-week range on ARQQ shows that it touched its highest point at $52.79 and its lowest point at $3.72 during that stretch. It currently has a 1-year price target of $52.00. Beta for the stock currently stands at 1.96.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARQQ was up-trending over the past week, with a rise of 109.24%, but this was up by 30.78% over a month. Three-month performance dropped to -1.67% while six-month performance rose 219.29%. The stock gained 13.45% in the past year, while it has lost -39.39% so far this year.

Float and Shares Shorts:

At present, 12.75 million ARQQ shares are outstanding with a float of 5.99 million shares on hand for trading. On 2025-02-28, short shares totaled 0.49 million, which was 383.0 higher than short shares on 1738281600. In addition to Mr. Andrew J. Leaver as the firm’s CEO & Director, Mr. Nicholas M Pointon serves as its CFO & Executive Director.

Institutional Ownership:

Through their ownership of 0.07047 of ARQQ’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARQQ since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ARQQ analysts setting a high price target of 52.0 and a low target of 52.0, the average target price over the next 12 months is 52.0. Based on these targets, ARQQ could surge 120.9% to reach the target high and rise by 120.9% to reach the target low. Reaching the average price target will result in a growth of 120.9% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$4.52 being high and -$4.52 being low. For ARQQ, this leads to a yearly average estimate of -$4.52. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.