Qt Group Oyj (OTCMKTS:QTGPF) Stock Price Up 0.1% – Time to Buy?

Qt Group Oyj (OTCMKTS:QTGPF) shares rose 0.1% during trading on Tuesday . The stock traded as high as $30.98 and last traded at $30.98. Approximately 2,375 shares traded hands during mid-day trading, an increase of 125% from the average daily volume of 1,055 shares. The stock had previously closed at $30.95.

Analyst Ratings Changes

Separately, Danske lowered Qt Group Oyj from a “buy” rating to a “hold” rating in a research report on Friday, January 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Qt Group Oyj Stock Up 0.1%

The company has a 50 day moving average of $35.85 and a 200-day moving average of $45.28.

Qt Group Oyj Company Profile

The Qt Group Oyj is a Finland-based software company specializing in the development and licensing of the Qt application development framework. Qt provides a comprehensive set of libraries, tools and modules that enable developers to build cross-platform applications for desktop, mobile and embedded systems. The framework supports multiple programming languages, including C++ and QML, and delivers a unified API that simplifies deployment across Windows, macOS, Linux, iOS and Android.

In addition to its core framework, the company offers an integrated development environment (Qt Creator), a design tool (Qt Design Studio) and a portfolio of commercial add-ons such as real-time 3D modules, multimedia components and connectivity libraries.