3-May-2024
Arqit Sets First Half 2024 Conference Call for Monday, May 20, 2024 at 11:00 a.m. ET
Globe Newswire (Mon, 6-May 8:00 AM ET)
Arqit enters into partnership with SoftIron
Seeking Alpha News (Thu, 2-May 7:19 AM ET)
Arqit and SoftIron Partner to sell more secure data center deployments
Globe Newswire (Thu, 2-May 7:00 AM ET)
Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions
Globe Newswire (Mon, 29-Apr 7:00 AM ET)
Satellite Applications Catapult trials Arqit Network Secure
Globe Newswire (Wed, 24-Apr 7:00 AM ET)
Globe Newswire (Mon, 15-Apr 8:00 AM ET)
Arqit clarifies certain Form 144 filings
Globe Newswire (Wed, 3-Apr 8:00 AM ET)
LuxAG partners with Arqit and Traxpay to finance digital negotiable instruments
Globe Newswire (Wed, 3-Apr 7:00 AM ET)
Vayana TradeXchange partners with Arqit to transform trade finance
Globe Newswire (Wed, 27-Mar 12:00 AM ET)
Arqit announces reseller agreement with Total Computers
Globe Newswire (Tue, 5-Mar 7:02 AM ET)
Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.
Arqit Quantum - trades on the NASDAQ stock market under the symbol ARQQ.
As of May 3, 2024, ARQQ stock price declined to $0.41 with 2,207,997 million shares trading.
ARQQ has a beta of 2.93, meaning it tends to be more sensitive to market movements. ARQQ has a correlation of 0.13 to the broad based SPY ETF.
ARQQ has a market cap of $68.90 million. This is considered a Micro Cap stock.
The top ETF exchange traded funds that ARQQ belongs to (by Net Assets): BUG, QTUM.
ARQQ has underperformed the market in the last year with a price return of -59.4% while the SPY ETF gained +27.0%. ARQQ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.5% and -12.9%, respectively, while the SPY returned +3.7% and +3.3%, respectively.
ARQQ support price is $.40 and resistance is $.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARQQ stock will trade within this expected range on the day.