5 Technology Stocks To Buy That Are Too Cheap To Ignore

3. Arqit Quantum Inc. (NASDAQ:ARQQ)

 Latest P/E Ratio: 1.91

Arqit Quantum Inc. (NASDAQ:ARQQ) is a British company that is headquartered in London, the United Kingdom. The firm is primarily a cybersecurity provider whose products allow users to use software encryption to protect their computing platforms and other systems.

Eight of the 943 hedge funds part of Insider Monkey’s database had held a stake in Arqit Quantum Inc. (NASDAQ:ARQQ) during Q4 2022. Out of these, the firm’s largest investor is Ben Levine, Andrew Manuel, and Stefan Renold’s LMR Partners which owns 542,846 shares that are worth $1.9 million.

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