Nexteq (LON:NXQ) Trading 2.7% Higher - Here's What Happened

Key Points

• Nexteq plc (LON:NXQ) shares rose 2.7% during Thursday's trading, reaching a last price of GBX 75 ($1.01) with an increased trading volume of 105,332 shares.
• The company has a market capitalization of £54.83 million and a PE ratio of 5.76.
• Nexteq operates through two divisions, Quixant and Densitron, providing specialized outsourced solutions to global industrial equipment manufacturers.

Nexteq plc (LON:NXQ - ) shares traded up 2.7% during trading on Thursday . The company traded as high as GBX 75 ($1.01) and last traded at GBX 75 ($1.01). 105,332 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 96,074 shares. The stock had previously closed at GBX 73 ($0.99).

Nexteq Trading Down 0.4%

The firm has a market cap of £54.83 million, a PE ratio of 5.76 and a beta of 1.36. The business has a fifty day moving average price of GBX 66.97 and a 200 day moving average price of GBX 65.81.

Nexteq Company Profile

Nexteq AIM: NXQ (formerly Quixant plc) is a leading technology partner to major global industrial equipment manufacturers. The Group's specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most. Nexteq consists of two distinct divisions, Quixant and Densitron, each with dedicated sales, account management and product innovation teams.

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