Nexteq (LON:NXQ) Shares Up 2.4% – Here’s What Happened

Posted by Defense World Staff on Jun 10th, 2025

Nexteq plc (LON:NXQ – Get Free Report)’s share price shot up 2.4% on Monday . The stock traded as high as GBX 68.40 ($0.93) and last traded at GBX 68.40 ($0.93). 25,120 shares were traded during mid-day trading, a decline of 65% from the average session volume of 72,643 shares. The stock had previously closed at GBX 66.78 ($0.91).

Nexteq Stock Up 2.4%

The company has a market cap of £51.60 million, a price-to-earnings ratio of 5.42 and a beta of 1.36. The company’s fifty day moving average price is GBX 61.97 and its two-hundred day moving average price is GBX 65.83.

Nexteq Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 1st were issued a dividend of GBX 3.70 ($0.05) per share. This is a boost from Nexteq’s previous dividend of $3.30. The ex-dividend date was Thursday, May 1st. This represents a yield of 5.69%. Nexteq’s dividend payout ratio is presently 23.77%.

Insider Buying and Selling

In other news, insider Carol Thompson purchased 4,218 shares of the company’s stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average cost of GBX 64 ($0.87) per share, with a total value of £2,699.52 ($3,658.38). 46.09% of the stock is currently owned by corporate insiders.

Nexteq Company Profile

(Get Free Report)

Nexteq (AIM: NXQ) (formerly Quixant plc) is a leading technology partner to major global industrial equipment manufacturers. The Group’s specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most.

Nexteq consists of two distinct divisions, Quixant and Densitron, each with dedicated sales, account management and product innovation teams.