QinetiQ Group plc (LON:QQ - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 426.54 ($5.80) and traded as high as GBX 502.30 ($6.83). QinetiQ Group shares last traded at GBX 500.50 ($6.80), with a volume of 675,408 shares.
Analyst Ratings Changes
QQ has been the topic of a number of research reports. Shore Capital reiterated a "hold" rating on shares of QinetiQ Group in a research note on Thursday, May 22nd. Berenberg Bank raised their price target on shares of QinetiQ Group from GBX 500 ($6.80) to GBX 570 ($7.75) and gave the company a "buy" rating in a research report on Monday, June 2nd.
Read Our Latest Research Report on QinetiQ Group
QinetiQ Group Trading Up 0.2%
The company has a market cap of £2.78 billion, a price-to-earnings ratio of 20.83, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. The company has a quick ratio of 1.15, a current ratio of 1.35 and a debt-to-equity ratio of 41.96. The company's 50-day moving average is GBX 475.98 and its 200 day moving average is GBX 427.94.
QinetiQ Group (LON:QQ - Get Free Report) last released its quarterly earnings results on Thursday, May 22nd. The company reported GBX 26.10 ($0.35) EPS for the quarter. QinetiQ Group had a net margin of 7.03% and a return on equity of 14.98%. Research analysts predict that QinetiQ Group plc will post 26.1405108 EPS for the current year.
Insider Activity
In other news, insider Steve Wadey sold 75,060 shares of QinetiQ Group stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of GBX 517 ($7.03), for a total value of £388,060.20 ($527,542.41). 12.14% of the stock is currently owned by company insiders.
QinetiQ Group Company Profile
(
Get Free Report)
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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