Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Arqit Quantum Inc shares valued at $7,346 were purchased by Willcocks Patrick on Apr 02 ’25. At $13.81 per share, Willcocks Patrick acquired 532 shares.
Also, Pointon Nicholas purchased 480 shares, netting a total of over 6,628 in proceeds.
Before that, Leaver Andrew had added 2,286 shares to its account. In a trade valued at $31,566, the Officer bought Arqit Quantum Inc shares for $13.81 each.
As published in a research note from H.C. Wainwright on December 31, 2024, Arqit Quantum Inc [ARQQ] has been retained to a Buy and the price target has been revised to $52. Analysts at Deutsche Bank started covering the stock with ‘”a Hold”‘ outlook in a report released in mid July. As of April 26, 2022, H.C. Wainwright has initiated its “Buy” rating for ARQQ.
Analyzing ARQQ Stock Performance
During the last five days, there has been a surge of approximately 3.23%. Over the course of the year, Arqit Quantum Inc shares have dropped approximately -58.81%. Shares of the company reached a 52-week high of $45.45 on 01/03/25 and a 52-week low of $11.00 on 04/07/25. A 50-day SMA is recorded $14.90, while a 200-day SMA reached $14.49.
Support And Resistance Levels for Arqit Quantum Inc (ARQQ)
According to the 24-hour chart, there is a support level at 15.40, which, if violated, would cause prices to drop to 14.79. In the upper region, resistance lies at 16.53. The next price resistance is at 17.05. RSI (Relative Strength Index) is 53.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.44, which suggests the price will decrease in the coming days. Percent R is at 43.66%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.