QinetiQ Group (LON:QQ) Insider Acquires £147.90 in Stock

Key Points

  • Steve Wadey, an insider at QinetiQ Group, recently purchased 29 shares at a price of GBX 510 for a total of £147.90 on October 9th, following prior purchases over the past months.
  • QinetiQ Group has a current market capitalization of £2.81 billion and a consensus rating of "Moderate Buy" from analysts, with an average target price of GBX 558.33.
  • The company's stock is currently trading at GBX 510 and has experienced a 52-week range from GBX 292.20 to GBX 491.

QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey purchased 29 shares of the business's stock in a transaction on Thursday, October 9th. The shares were purchased at an average cost of GBX 510 per share, for a total transaction of £147.90.

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

  • On Tuesday, September 9th, Steve Wadey acquired 31 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 486 per share, for a total transaction of £150.66.
  • On Monday, August 11th, Steve Wadey acquired 31 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 484 per share, for a total transaction of £150.04.

QinetiQ Group Trading Down 0.7%

QQ opened at GBX 510 on Friday. The company has a debt-to-equity ratio of 41.96, a current ratio of 1.35 and a quick ratio of 1.15. QinetiQ Group plc has a fifty-two week low of GBX 292.20 and a fifty-two week high of GBX 491. The firm has a market capitalization of £2.81 billion, a PE ratio of 21.12, a P/E/G ratio of 1.47 and a beta of 0.48. The company's 50-day moving average is GBX 498.55 and its 200 day moving average is GBX 469.18.

Analysts Set New Price Targets

Several research firms have commented on QQ. Berenberg Bank reiterated a "buy" rating and issued a GBX 570 price objective on shares of QinetiQ Group in a research note on Thursday, July 17th. Shore Capital reissued a "hold" rating on shares of QinetiQ Group in a research report on Thursday, July 17th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, QinetiQ Group currently has a consensus rating of "Moderate Buy" and an average target price of GBX 558.33.




Get Our Latest Analysis on QinetiQ Group

About QinetiQ Group

(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.

See Also

Insider Buying and Selling by Quarter for QinetiQ Group (LON:QQ)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at QinetiQ Group?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for QinetiQ Group and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles