Shares of Arqit Quantum Inc. (NASDAQ:ARQQW – Get Free Report) shot up 16% during trading on Friday . The stock traded as high as $2.39 and last traded at $2.13. 71,365 shares traded hands during trading, a decline of 14% from the average session volume of 83,224 shares. The stock had previously closed at $1.83.
Arqit Quantum Trading Up 16.0 %
The firm’s 50 day moving average is $2.57 and its 200 day moving average is $1.21.
About Arqit Quantum
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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