QinetiQ Group plc (LON:QQ) Insider Buys £151.47 in Stock

QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey bought 33 shares of the business's stock in a transaction that occurred on Wednesday, October 9th. The stock was purchased at an average price of GBX 459 ($6.01) per share, for a total transaction of £151.47 ($198.23).

Steve Wadey also recently made the following trade(s):

• On Monday, September 9th, Steve Wadey purchased 33 shares of QinetiQ Group stock. The stock was bought at an average cost of GBX 451 ($5.90) per share, with a total value of £148.83 ($194.78).
• On Friday, August 9th, Steve Wadey purchased 32 shares of QinetiQ Group stock. The shares were purchased at an average cost of GBX 470 ($6.15) per share, for a total transaction of £150.40 ($196.83).

QinetiQ Group Price Performance

Shares of QinetiQ Group stock traded up GBX 1.20 ($0.02) during trading on Thursday, hitting GBX 456.80 ($5.98). The stock had a trading volume of 747,019 shares, compared to its average volume of 88,555. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 42.47. QinetiQ Group plc has a 12 month low of GBX 292.20 ($3.82) and a 12 month high of GBX 491 ($6.43). The firm has a market cap of £2.59 billion, a price-to-earnings ratio of 1,903.33, a P/E/G ratio of 1.47 and a beta of 0.48. The business's 50-day moving average is GBX 463.25 and its 200 day moving average is GBX 423.21.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "buy" rating on shares of QinetiQ Group in a research note on Thursday, July 18th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 457.50 ($5.99).

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.