Nexteq (LON:NXQ) Hits New 12-Month Low – What’s Next?

Nexteq plc (LON:NXQ)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 66 ($0.83) and last traded at GBX 70.75 ($0.89), with a volume of 137164 shares traded. The stock had previously closed at GBX 69.80 ($0.88).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 200 ($2.51) price target on shares of Nexteq in a research report on Tuesday, September 10th.

Nexteq Stock Up 1.7 %

The business’s 50-day moving average is GBX 84.87 and its two-hundred day moving average is GBX 106.12. The stock has a market capitalization of £45.03 million, a PE ratio of 581.67 and a beta of 1.36.

Nexteq Company Profile

Nexteq plc operates as a business-to-business technology design and supply chain partner to industrial equipment manufacturers North America, Europe, Asia, Australia, rest of the United Kingdom, and internationally. It operates through two divisions, Quixant and Densitron. The Quixant segment engages in the design, development, and manufacture of gaming platforms and display solutions, such as cabinets and other computer platforms, as well as software for the casino gaming and slot machine industry.