Veracity Capital LLC bought a new stake in shares of Arqit Quantum Inc. (NASDAQ:ARQQ – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,804 shares of the company’s stock, valued at approximately $420,000. Veracity Capital LLC owned approximately 0.09% of Arqit Quantum at the end of the most recent reporting period.
Arqit Quantum Price Performance
NASDAQ:ARQQ opened at $26.72 on Friday. The company’s 50 day moving average is $25.28 and its two-hundred day moving average is $13.58. Arqit Quantum Inc. has a twelve month low of $3.72 and a twelve month high of $52.79.
Analyst Ratings Changes
Separately, HC Wainwright raised their price target on Arqit Quantum from $27.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st.
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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