1 week Ago By ABMN Staff
Arqit Quantum Inc. ( NASDAQ:ARQQ – Get Free Report ) saw an uptick in trading volume on Friday . 228,999 shares traded hands during trading, a decline of 47% from the previous session’s volume of 430,383 shares.
The stock last traded at $43.75 and had previously closed at $38.02.
Analysts Set New Price Targets Separately, HC Wainwright increased their price target on shares of Arqit Quantum from $27.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st.
View Our Latest Report on Arqit Quantum Arqit Quantum Stock Up 4.3 % Institutional Trading of Arqit Quantum A hedge fund recently bought a new stake in Arqit Quantum stock. Cowen AND Company LLC purchased a new position in shares of Arqit Quantum Inc.
( NASDAQ:ARQQ – Free Report ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $34,000. Cowen AND Company LLC owned approximately 0.
06% of Arqit Quantum as of its most recent SEC filing. Institutional investors and hedge funds own 16.60% of the company’s stock.
Arqit Quantum Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for Arqit Quantum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arqit Quantum and related companies with MarketBeat.com's FREE daily email newsletter .
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