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How to Buy Arqit Quantum Stock

Arqit Quantum Inc

Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom.

Arqit Quantum stock last closed at $0.47, down 5.23% from the previous day, and has decreased 59.74% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.71 percentage points. Arqit Quantum stock is currently +20.46% from its 52-week low of $0.39, and -71.45% from its 52-week high of $1.65.

At the moment, there are 163.55M shares of ARQQ outstanding. The market value of ARQQ is $77.03M. In the past 24 hours, 439,052 ARQQ shares were traded.

How to Buy Arqit Quantum Stock

Not sure how to invest in Arqit Quantum stock? Here's how.
  1. Decide where to buy Arqit Quantum stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Arqit Quantum stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your payment method and add your info.
  4. Evaluate Arqit Quantum stock: The Arqit Quantum ticker symbol is ARQQ. Is Arqit Quantum stock a good investment? Should you buy shares of ARQQ? How do ARQQ's underlying business fundamentals look? Do top analysts think Arqit Quantum is a good buy? Why has ARQQ's stock price moved recently? (Hint: Our stock research website can help you figure out if ARQQ is a good stock to buy).
  5. Execute your ARQQ buy order: Decide if you will purchase ARQQ shares at the current market price or use a limit order to buy ARQQ shares at a specific price.
  6. Get the latest news on your ARQQ position: Create a watchlist to keep track of your new investment in Arqit Quantum stock.

Step 1: Decide where to buy Arqit Quantum stock

You will need a brokerage account in order to access the NASDAQ market and buy ARQQ shares.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, you need to fill out some personal information so you can invest in ARQQ today.

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Step 4: Evaluate Arqit Quantum stock

Once you have identified the best place to buy Arqit Quantum stock, it's crucial to research their stock before you buy, so you can wrap your head around the risk and upside.

Arqit Quantum Numbers

ARQQ Price
$0.47
1w %
-5.23%
1y %
-59.74%
5y %
N/A
P/E
-0.67x
P/B
0.92x
P/S
94.2x
PEG
N/A
Revenue
$800.00k
Earnings
-$87.99M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$77.03M
Next Earnings
May 15, 2024
Next Dividend
N/A

ARQQ Zen Score

WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.

You can see all of the due diligence checks on ARQQ's stock page.

Is ARQQ stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge ARQQ's intrinsic value.

Using relative valuations metrics:

  • ARQQ may be undervalued based on its P/B ratio of 0.92x, relative to Software - Infrastructure industry P/B ratio of 11.48x

You can access additional valuation research on ARQQ's stock here.

ARQQ Financial Health Summary

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the ARQQ balance sheet.
  • There are more short-term assets than short-term liabilities on the ARQQ balance sheet.
  • ARQQ has cash burn of 46578750. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Financial Indicators:

  • ARQQ has $55.57M in cash and short term investments. This is not enough to cover its annual cash burn of $46.58M.
  • ARQQ has a relatively high debt to equity ratio of 0.5.
  • ARQQ profit margin has gone down from 902.3% to -10,998.9% in the past year.

Is ARQQ stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 sell side analysts who research ARQQ, the consensus analyst rating on ARQQ is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Arqit Quantum stock forecast page.

ARQQ Technicals

SMA10
0.52
SMA20
0.59
SMA50
0.65
SMA100
0.56
SMA200
0.67
MACD
-0.05
MACD Signal
-0.04
MACD Histogram
-0.01
RSI
33.75
Stochastic %K
4.19
Stochastic %D
8.91
StochRSI %K
14.51
StochRSI %D
19.3

ARQQ Revenue

Last year, ARQQ revenue was $800.00k. In the last 2 year, ARQQ's revenue has increased by 244.79% per year. This was faster than the Software - Infrastructure industry average of 16.98%.

Find out more about ARQQ's earnings and revenue performance here.

What are ARQQ insiders up to?

In the last 12 months, executives and large shareholders at ARQQ have not bought or sold any shares.

Dig into more about who owns ARQQ stock here.

Can I get consistent income from ARQQ stock?

No, Arqit Quantum doesn't provide an income stream by paying out dividends.

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Step 5: Execute your ARQQ buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.

Click the Open button and your broker will place your order.

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Step 6: Get the latest news on your ARQQ position

Now that you own some ARQQ stock, you'll want to stay up-to-date on your shares.

Create a watchlist to keep tabs on your ARQQ stock.

ARQQ Feed

How to Buy Stock in Arqit Quantum

To summarize, here are the 6 steps you need to take to buy Arqit Quantum stock right now:

  1. Decide where to buy Arqit Quantum stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Evaluate Arqit Quantum stock
  5. Execute your ARQQ buy order
  6. Get the latest news on your ARQQ position

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If you would like to watch your investment in Arqit Quantum, add ARQQ to your watchlist by clicking the button below.

NASDAQ: ARQQ
$0.47-0.03 (-5.23%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: ARQQ
$0.47-0.03 (-5.23%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Arqit Quantum share?

As of Apr 19, 2024, it costs $0.47 to buy one share of Arqit Quantum stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.24, you can buy 0.5 shares of ARQQ.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Arqit Quantum stock?

According to 1 Wall Street analysts who monitor Arqit Quantum, their consensus recommendation is to buy Arqit Quantum stock.

What is the best way to buy Arqit Quantum stock?

One way to place an order for Arqit Quantum stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.