QinetiQ Group (LON:QQ) Insider Steve Wadey Purchases 31 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey bought 31 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were acquired at an average cost of GBX 486 per share, with a total value of £150.66.

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

• On Monday, August 11th, Steve Wadey purchased 31 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 484 per share, for a total transaction of £150.04.
• On Friday, July 11th, Steve Wadey acquired 31 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 491 per share, with a total value of £152.21.

QinetiQ Group Price Performance

QQ opened at GBX 484.40 on Thursday. QinetiQ Group plc has a 1 year low of GBX 292.20 and a 1 year high of GBX 491. 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 company has a market capitalization of £2.67 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.47 and a beta of 0.48. The firm’s fifty day moving average price is GBX 489.66 and its two-hundred day moving average price is GBX 457.83.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Berenberg Bank restated a “buy” rating and set a GBX 570 target price on shares of QinetiQ Group in a research report on Thursday, July 17th. Shore Capital reissued a “hold” rating on shares of QinetiQ Group in a report on Thursday, July 17th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 558.33.

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.