Arqit Quantum Stock Today

ARQQ Stock  USD 17.90  0.78  4.56%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 39

 
High
 
Low
Below Average
Arqit Quantum is selling at 17.90 as of the 28th of November 2024; that is 4.56 percent increase since the beginning of the trading day. The stock's last reported lowest price was 14.8. Arqit Quantum has about a 39 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Arqit Quantum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
7th of September 2021
Category
Technology
Classification
Information Technology
Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud that enables any device to download a lightweight software agent, which can create encryption keys in partnership with any other device. The company has 6.83 M outstanding shares of which 150.53 K shares are presently shorted by private and institutional investors with about 1.0 trading days to cover. More on Arqit Quantum

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Arqit Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorAndrew Leaver
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00550.0058
Notably Down
Slightly volatile
Total Current Liabilities17.5 M30.8 M
Way Down
Slightly volatile
Non Current Liabilities Total6.9 M7.3 M
Notably Down
Pretty Stable
Total Assets78.3 M114.8 M
Way Down
Slightly volatile
Total Current Assets52.5 M99.3 M
Way Down
Slightly volatile
Debt Levels
Arqit Quantum can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Arqit Quantum's financial leverage. It provides some insight into what part of Arqit Quantum's total assets is financed by creditors.
Liquidity
Arqit Quantum currently holds 8.4 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. Arqit Quantum has a current ratio of 4.78, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Arqit Quantum's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

38.81 Million
Arqit Quantum (ARQQ) is traded on NASDAQ Exchange in USA. It is located in Nova North, London, United Kingdom, SW1E 5BY and employs 147 people. Arqit Quantum is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 116.85 M. Arqit Quantum conducts business under Software sector and is part of Information Technology industry. The entity has 6.83 M outstanding shares of which 150.53 K shares are presently shorted by private and institutional investors with about 1.0 trading days to cover. Arqit Quantum currently holds about 82.16 M in cash with (32.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check Arqit Quantum Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Arqit Quantum is $116.85 Million. Arqit Quantum shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 70.44 percent of Arqit Quantum outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Arqit Ownership Details

Arqit Stock Institutional Holders

InstituionRecorded OnShares
Stifel Financial Corp2024-06-30
14.3 K
Advisor Group Holdings, Inc.2024-06-30
10 K
Qube Research & Technologies2024-06-30
8.1 K
Biltmore Family Office, Llc2024-09-30
4.6 K
Royal Bank Of Canada2024-06-30
3.8 K
Citigroup Inc2024-09-30
2.7 K
Jpmorgan Chase & Co2024-06-30
2.5 K
Hanson Mcclain Inc2024-09-30
400
Covestor Ltd2024-06-30
7.0
Jane Street Group Llc2024-06-30
828.7 K
Millennium Management Llc2024-06-30
789.9 K
View Arqit Quantum Diagnostics

Arqit Quantum Historical Income Statement

At this time, Arqit Quantum's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/28/2024, Reconciled Depreciation is likely to grow to about 3.2 M, while EBIT is likely to drop (69.7 M). View More Fundamentals

Arqit Stock Against Markets

Arqit Quantum Corporate Management

Daniel ShiuChief CryptographerProfile
David WebbChief EngineerProfile
Ben OlivierManaging OperationsProfile
Tracy MehrChief OfficerProfile
Paul FeenanChief OfficerProfile

Already Invested in Arqit Quantum?

The danger of trading Arqit Quantum is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Arqit Quantum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Arqit Quantum. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arqit Quantum is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Arqit Stock Analysis

When running Arqit Quantum's price analysis, check to measure Arqit Quantum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arqit Quantum is operating at the current time. Most of Arqit Quantum's value examination focuses on studying past and present price action to predict the probability of Arqit Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arqit Quantum's price. Additionally, you may evaluate how the addition of Arqit Quantum to your portfolios can decrease your overall portfolio volatility.