QinetiQ Group plc (LON:QQ - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 426.54 ($5.82) and traded as high as GBX 502.30 ($6.86). QinetiQ Group shares last traded at GBX 500.50 ($6.83), with a volume of 675,408 shares.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on QQ shares. Shore Capital reissued a "hold" rating on shares of QinetiQ Group in a report on Thursday, May 22nd. Berenberg Bank increased their target price on shares of QinetiQ Group from GBX 500 ($6.82) to GBX 570 ($7.78) and gave the stock a "buy" rating in a research note on Monday, June 2nd.
Get Our Latest Stock Report on QinetiQ Group
QinetiQ Group Trading Up 0.3%
The firm has a market capitalization of £2.77 billion, a price-to-earnings ratio of 20.79, a PEG ratio of 1.47 and a beta of 0.48. The company has a fifty day moving average price of GBX 471.31 and a two-hundred day moving average price of GBX 426.54. The company has a current ratio of 1.35, a quick ratio of 1.15 and a debt-to-equity ratio of 41.96.
QinetiQ Group (LON:QQ - Get Free Report) last issued its earnings results on Thursday, May 22nd. The company reported GBX 26.10 ($0.36) earnings per share (EPS) for the quarter. QinetiQ Group had a return on equity of 14.98% and a net margin of 7.03%. As a group, research analysts forecast that QinetiQ Group plc will post 26.1405108 earnings per share for the current fiscal year.
Insider Buying and Selling at QinetiQ Group
In other QinetiQ Group news, insider Steve Wadey sold 75,060 shares of the stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of GBX 517 ($7.06), for a total transaction of £388,060.20 ($529,630.41). Corporate insiders own 12.14% of the company's stock.
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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