Arqit Quantum (NASDAQ:ARQQW) Shares Up 48% – Should You Buy?

Arqit Quantum Inc. (NASDAQ:ARQQWGet Free Report)’s share price was up 48% on Thursday . The company traded as high as $0.11 and last traded at $0.11. Approximately 14,029 shares changed hands during mid-day trading, an increase of 95% from the average daily volume of 7,182 shares. The stock had previously closed at $0.07.

Arqit Quantum Price Performance

The business’s 50-day simple moving average is $0.08 and its two-hundred day simple moving average is $0.12.

About Arqit Quantum

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Arqit Quantum Inc provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc is based in London, the United Kingdom.

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