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Nexteq (LON:NXQ) Shares Down 0.2% - Here's Why

Nexteq logo with Computer and Technology background

Nexteq plc (LON:NXQ - Get Free Report) dropped 0.2% on Friday . The stock traded as low as GBX 88 ($1.14) and last traded at GBX 88.30 ($1.15). Approximately 179,192 shares were traded during trading, an increase of 21% from the average daily volume of 148,638 shares. The stock had previously closed at GBX 88.50 ($1.15).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 200 ($2.60) target price on shares of Nexteq in a research note on Tuesday, September 10th.

Check Out Our Latest Stock Report on Nexteq

Nexteq Stock Performance

The firm has a market cap of £56.00 million, a PE ratio of 735.83 and a beta of 1.36. The firm has a fifty day simple moving average of GBX 93.65 and a two-hundred day simple moving average of GBX 117.15.

About Nexteq

(Get Free Report)

Nexteq plc operates as a business-to-business technology design and supply chain partner to industrial equipment manufacturers North America, Europe, Asia, Australia, rest of the United Kingdom, and internationally. It operates through two divisions, Quixant and Densitron. The Quixant segment engages in the design, development, and manufacture of gaming platforms and display solutions, such as cabinets and other computer platforms, as well as software for the casino gaming and slot machine industry.

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