Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
There is no financial score for this company; the Software & IT Services industry's average is 7.27. Its latest quarterly revenue reached 67.00K, representing a year-over-year decrease of 43.70%, while its net profit experienced a year-over-year decrease of 63.99%.
The company’s current valuation score is 1.20, which is lower than the Software & IT Services industry's average of 2.10. Its current P/E ratio is -7.39, which is -77.36% below the recent high of -1.67 and 29.16% above the recent low of -5.23.
The company’s current earnings forecast score is 8.00, which is higher than the Software & IT Services industry's average of 7.60. The average price target for Arqit Quantum Inc is 52.00, with a high of 52.00 and a low of 52.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 8.50, which is higher than the Software & IT Services industry's average of 7.42. Sideways: Currently, the stock price is trading between the resistance level at 38.57 and the support level at 29.29, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 7.00, which is higher than the Software & IT Services industry's average of 6.81. The latest institutional shareholding proportion is 78.29%, representing a quarter-over-quarter increase of 8.39%. The largest institutional shareholder is CI Select Canadian Equity Fund, holding a total of 750.00 shares, representing 0.00% of shares outstanding, with 104.17% increase in holdings.
The company’s current risk assessment score is 3.06, which is lower than the Software & IT Services industry's average of 4.01. The company's beta value is 2.31. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
