QinetiQ Group plc (LON:QQ) Insider Steve Wadey Buys 32 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey purchased 32 shares of the company’s stock in a transaction on Monday, November 11th. The shares were purchased at an average price of GBX 465 ($5.98) per share, with a total value of £148.80 ($191.48).

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

• On Wednesday, October 9th, Steve Wadey bought 33 shares of QinetiQ Group stock. The stock was bought at an average cost of GBX 459 ($5.91) per share, with a total value of £151.47 ($194.92).
• On Monday, September 9th, Steve Wadey acquired 33 shares of QinetiQ Group stock. The shares were purchased at an average price of GBX 451 ($5.80) per share, for a total transaction of £148.83 ($191.52).

QinetiQ Group Price Performance

LON QQ traded up GBX 12.20 ($0.16) during trading on Tuesday, reaching GBX 469.60 ($6.04). 1,219,572 shares of the company traded hands, compared to its average volume of 88,555. The company has a debt-to-equity ratio of 42.47, a quick ratio of 1.15 and a current ratio of 1.15. The stock’s 50 day moving average price is GBX 457.41 and its two-hundred day moving average price is GBX 440.70. The company has a market cap of £2.65 billion, a price-to-earnings ratio of 1,905.83, a P/E/G ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a 1-year low of GBX 292.20 ($3.76) and a 1-year high of GBX 491 ($6.32).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of QinetiQ Group in a research note on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 457.50 ($5.89).

About QinetiQ Group

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.