QinetiQ Group (LON:QQ - Get Free Report)'s stock had its "hold" rating reaffirmed by equities research analysts at Shore Capital in a research note issued to investors on Thursday, MarketBeat reports.
Separately, Berenberg Bank raised their price target on shares of QinetiQ Group from GBX 500 ($6.71) to GBX 570 ($7.65) and gave the stock a "buy" rating in a research note on Monday, June 2nd.
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QinetiQ Group Stock Performance
Shares of QQ stock traded up GBX 9.50 ($0.13) during mid-day trading on Thursday, hitting GBX 503.50 ($6.75). The stock had a trading volume of 850,643 shares, compared to its average volume of 88,555. QinetiQ Group has a fifty-two week low of GBX 292.20 ($3.92) and a fifty-two week high of GBX 491 ($6.59). The firm has a market cap of £2.78 billion, a PE ratio of 20.85, a PEG ratio of 1.47 and a beta of 0.48. The company has a debt-to-equity ratio of 41.96, a current ratio of 1.35 and a quick ratio of 1.15. The company's 50-day simple moving average is GBX 490.08 and its 200-day simple moving average is GBX 432.61.
QinetiQ Group (LON:QQ - Get Free Report) last announced its quarterly earnings results on Thursday, May 22nd. The company reported GBX 26.10 ($0.35) earnings per share (EPS) for the quarter. QinetiQ Group had a net margin of 7.03% and a return on equity of 14.98%. Sell-side analysts anticipate that QinetiQ Group will post 26.1405108 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Steve Wadey sold 75,060 shares of the firm's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of GBX 517 ($6.93), for a total transaction of £388,060.20 ($520,536.82). Over the last ninety days, insiders have acquired 93 shares of company stock worth $44,997. 12.14% of the stock is currently owned by company insiders.
About QinetiQ Group
(
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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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