QinetiQ Group plc (LON:QQ) Insider Martin Cooper Acquires 9,857 Shares of Stock

QinetiQ Group plc (LON:QQ) insider Martin Cooper acquired 9,857 shares of the firm’s stock in a transaction that occurred on Monday, July 21st. The shares were bought at an average price of GBX 505 ($6.83) per share, with a total value of £49,777.85 ($67,294.65).

QinetiQ Group Price Performance

QQ opened at GBX 506.50 ($6.85) on Wednesday. The company has a debt-to-equity ratio of 41.96, a current ratio of 1.35 and a quick ratio of 1.15. The firm has a market capitalization of £2.80 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. The business’s 50-day moving average is GBX 490.08 and its two-hundred day moving average is GBX 432.61. QinetiQ Group plc has a 1 year low of GBX 292.20 ($3.95) and a 1 year high of GBX 491 ($6.64).

QinetiQ Group (LON:QQ) last posted its quarterly earnings data on Thursday, May 22nd. The company reported GBX 26.10 ($0.35) EPS for the quarter. QinetiQ Group had a return on equity of 14.98% and a net margin of 7.03%. Research analysts anticipate that QinetiQ Group plc will post 26.1405108 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on QQ. Shore Capital reiterated a “hold” rating on shares of QinetiQ Group in a research report on Thursday, July 17th. Berenberg Bank restated a “buy” rating and issued a GBX 570 ($7.71) price objective on shares of QinetiQ Group in a report on Thursday, July 17th.

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.