QinetiQ Group (LON:QQ) Insider Steve Wadey Acquires 29 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 29 shares of the stock in a transaction dated Thursday, October 9th. The stock was bought at an average price of GBX 510 per share, for a total transaction of £147.90.

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

• On Tuesday, September 9th, Steve Wadey bought 31 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 486 per share, for a total transaction of £150.66.
• On Monday, August 11th, Steve Wadey purchased 31 shares of QinetiQ Group stock. The stock was bought at an average price of GBX 484 per share, for a total transaction of £150.04.

QinetiQ Group Stock Down 0.7%

Shares of LON:QQ opened at GBX 510 on Friday. The company has a market capitalization of £2.81 billion, a PE ratio of 21.12, a P/E/G ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a 52 week low of GBX 292.20 and a 52 week high of GBX 491. The company has a debt-to-equity ratio of 41.96, a quick ratio of 1.15 and a current ratio of 1.35. The company’s fifty day moving average is GBX 498.55 and its 200-day moving average is GBX 469.18.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on QQ shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 570 target price on shares of QinetiQ Group in a report on Thursday, July 17th. Shore Capital reaffirmed a “hold” rating on shares of QinetiQ Group in a research note on Thursday, July 17th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 558.33.

QinetiQ Group Company Profile

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.