Shares of Arqit Quantum Inc (ARQQ, Financial) fell 17.19% in mid-day trading on Dec 5. The stock reached an intraday low of $17.41, before recovering slightly to $20.04, down from its previous close of $24.20. This places ARQQ 38.34% below its 52-week high of $32.50 and 438.71% above its 52-week low of $3.72. Trading volume was 853,307 shares, 215.3% of the average daily volume of 396,348.
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 $22.00 with a high estimate of $22.00 and a low estimate of $22.00. The average target implies an upside of 9.78% from the current price of $20.04. 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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