With 0.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.7 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $41.85 whereas the lowest price it dropped to was $36.9. The 52-week range on ARQQ shows that it touched its highest point at $52.79 and its lowest point at $3.72 during that stretch. It currently has a 1-year price target of $52.00. Beta for the stock currently stands at 2.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARQQ was down-trending over the past week, with a drop of -8.64%, but this was up by 61.16% over a month. Three-month performance surged to 804.87% while six-month performance rose 354.94%. The stock gained 257.47% in the past year, while it has gained 0.41% so far this year.
Float and Shares Shorts:
At present, 12.50 million ARQQ shares are outstanding with a float of 5.45 million shares on hand for trading. On 2024-11-15, short shares totaled 0.22 million, which was 326.0 higher than short shares on 1728950400. In addition to Mr. Andrew J. Leaver as the firm’s CEO & Director, Dr. Geoffrey Taylor serves as its Advisor & Co-Founder.
Institutional Ownership:
Through their ownership of 0.05368 of ARQQ’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARQQ since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ARQQ analysts setting a high price target of 52.0 and a low target of 52.0, the average target price over the next 12 months is 52.0. Based on these targets, ARQQ could surge 33.33% to reach the target high and rise by 33.33% to reach the target low. Reaching the average price target will result in a growth of 33.33% from current levels.
Analysts have provided yearly estimates in a range of -$4.52 being high and -$4.52 being low. For ARQQ, this leads to a yearly average estimate of -$4.52.
