Arqit Quantum (NASDAQ:ARQQW) Trading 9.2% Higher – Here’s Why

Arqit Quantum Inc. (NASDAQ:ARQQWGet Free Report)’s share price traded up 9.2% during trading on Thursday . The stock traded as high as $2.99 and last traded at $2.84. 55,028 shares changed hands during trading, a decline of 38% from the average session volume of 88,709 shares. The stock had previously closed at $2.60.

Arqit Quantum Stock Performance

The firm’s fifty day moving average price is $2.02 and its 200 day moving average price is $1.88.

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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