Shares of Arqit Quantum Inc (ARQQ, Financial) surged 7.88% in mid-day trading on Nov 29. The stock reached an intraday high of $20.00, before settling at $19.31, up from its previous close of $17.90. This places ARQQ 16.04% below its 52-week high of $23.00 and 419.09% above its 52-week low of $3.72. Trading volume was 283,497 shares, 88.0% of the average daily volume of 322,125.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Arqit Quantum Inc (ARQQ, Financial) is $50.00 with a high estimate of $50.00 and a low estimate of $50.00. The average target implies an upside of 158.93% from the current price of $19.31. More detailed estimate data can be found on the Arqit Quantum Inc (ARQQ) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Arqit Quantum Inc's (ARQQ, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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