QinetiQ Group plc (LON:QQ) Insider Purchases £150.59 in Stock

QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey bought 37 shares of QinetiQ Group stock in a transaction that occurred on Thursday, January 9th. The shares were acquired at an average price of GBX 407 ($4.97) per share, for a total transaction of £150.59 ($183.87).

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

• On Monday, December 9th, Steve Wadey bought 37 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 408 ($4.98) per share, for a total transaction of £150.96 ($184.32).
• On Monday, November 11th, Steve Wadey acquired 32 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 465 ($5.68) per share, for a total transaction of £148.80 ($181.68).

QinetiQ Group Price Performance

QinetiQ Group stock traded up GBX 5.40 ($0.07) during mid-day trading on Friday, hitting GBX 411 ($5.02). The company's stock had a trading volume of 1,189,894 shares, compared to its average volume of 88,555. The stock's fifty day moving average price is GBX 424.95 and its two-hundred day moving average price is GBX 448.45. The stock has a market capitalization of £2.32 billion, a P/E ratio of 1,712.50, a P/E/G ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a twelve month low of GBX 292.20 ($3.57) and a twelve month high of GBX 491 ($6.00). The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 42.47.

QinetiQ Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be issued a dividend of GBX 2.80 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 0.6%. QinetiQ Group's dividend payout ratio is 3,333.33%.

Analyst Ratings Changes

A number of research analysts have commented on the company. Shore Capital reaffirmed a "buy" rating on shares of QinetiQ Group in a report on Tuesday, October 15th. JPMorgan Chase & Co. raised their target price on QinetiQ Group from GBX 455 ($5.56) to GBX 535 ($6.53) and gave the company an "overweight" rating in a research report on Thursday, December 12th.

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.