Arqit Quantum (NASDAQ:ARQQW) Stock Price Up 21.9% – Should You Buy?

Arqit Quantum Inc. (NASDAQ:ARQQWGet Free Report) shares rose 21.9% on Tuesday . The company traded as high as $0.12 and last traded at $0.12. Approximately 22,095 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 10,837 shares. The stock had previously closed at $0.10.

Arqit Quantum Stock Performance

The business’s 50 day moving average price is $0.08 and its 200 day moving average price is $0.11.

Arqit Quantum Company Profile

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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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