Shore Capital restated their buy rating on shares of QinetiQ Group (LON:QQ - Free Report) in a research report report published on Tuesday morning, Marketbeat Ratings reports.
QinetiQ Group Stock Performance
LON QQ traded up GBX 4.80 ($0.06) on Tuesday, hitting GBX 455 ($5.94). 604,155 shares of the company's stock traded hands, compared to its average volume of 88,555. The firm's 50-day moving average price is GBX 462.13 and its two-hundred day moving average price is GBX 426.25. The firm has a market capitalization of £2.57 billion, a PE ratio of 1,895.83, a P/E/G ratio of 1.47 and a beta of 0.48. 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 has a 1-year low of GBX 292.20 ($3.82) and a 1-year high of GBX 491 ($6.41).
Insider Activity
In related news, insider Ross McEwan CBE acquired 20,000 shares of the stock in a transaction on Monday, July 22nd. The shares were acquired at an average price of GBX 475 ($6.20) per share, for a total transaction of £95,000 ($124,053.28). Insiders purchased a total of 20,098 shares of company stock valued at $9,545,070 in the last quarter. 12.14% of the stock is currently owned by company insiders.
QinetiQ Group Company Profile
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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.
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