QinetiQ Group (LON:QQ) Share Price Crosses Above 200-Day Moving Average of $413.54

QinetiQ Group plc (LON:QQ - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 413.54 ($5.46) and traded as high as GBX 461 ($6.09). QinetiQ Group shares last traded at GBX 459.40 ($6.07), with a volume of 496,808 shares changing hands.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on QQ shares. Shore Capital reissued a "buy" rating on shares of QinetiQ Group in a report on Thursday, July 18th. Citigroup reiterated a "buy" rating and set a GBX 530 ($7.00) price target on shares of QinetiQ Group in a research report on Tuesday, June 11th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 457.50 ($6.04).

QinetiQ Group Price Performance

The company's 50 day moving average price is GBX 466.41 and its 200-day moving average price is GBX 413.86. The stock has a market cap of £2.53 billion, a P/E ratio of 1,858.33, a P/E/G ratio of 1.47 and a beta of 0.48. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 42.47.

Insider Buying and Selling

In related news, insider Steve Wadey sold 155,335 shares of QinetiQ Group stock in a transaction on Monday, July 1st. The shares were sold at an average price of GBX 442 ($5.84), for a total transaction of £686,580.70 ($906,975.83). In related news, insider Steve Wadey sold 155,335 shares of QinetiQ Group stock in a transaction on Monday, July 1st. The shares were sold at an average price of GBX 442 ($5.84), for a total transaction of £686,580.70 ($906,975.83). Also, insider Ross McEwan CBE bought 20,000 shares of the stock in a transaction that occurred on Monday, July 22nd. The shares were purchased at an average cost of GBX 475 ($6.27) per share, with a total value of £95,000 ($125,495.38). Insiders bought 20,098 shares of company stock valued at $9,545,004 over the last quarter. Insiders own 12.10% of the company's stock.

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.