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