QinetiQ Group (OTCMKTS:QNTQY) Cut to “Hold” at Kepler Capital Markets

Kepler Capital Markets lowered shares of QinetiQ Group (OTCMKTS:QNTQY) from a strong-buy rating to a hold rating in a research report report published on Tuesday morning,Zacks.com reports.

QinetiQ Group Trading Down 3.1 %

OTCMKTS QNTQY opened at $19.76 on Tuesday. The company’s 50 day simple moving average is $21.15 and its 200 day simple moving average is $22.17. QinetiQ Group has a 12 month low of $17.64 and a 12 month high of $28.35.

QinetiQ Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 10th were issued a $0.1197 dividend. The ex-dividend date was Friday, January 10th. QinetiQ Group’s payout ratio is currently -89.08%.

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products 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.