Nexteq (LON:NXQ) Trading Down 0.3% – Here’s Why

Nexteq plc (LON:NXQGet Free Report) traded down 0.3% on Tuesday . The company traded as low as GBX 74 and last traded at GBX 74.30. 21,180 shares changed hands during trading, a decline of 88% from the average session volume of 173,597 shares. The stock had previously closed at GBX 74.50.

Nexteq Stock Performance

The stock has a fifty day simple moving average of GBX 74.48 and a two-hundred day simple moving average of GBX 79.21. The stock has a market capitalization of £43.21 million, a price-to-earnings ratio of -17.24 and a beta of 1.36.

Insider Buying and Selling

In other Nexteq news, insider Deborah Wilkinson bought 12,228 shares of the stock in a transaction on Tuesday, January 20th. The stock was acquired at an average cost of GBX 74 per share, for a total transaction of £9,048.72. 38.72% of the stock is owned by corporate insiders.

About Nexteq

(Get Free Report)

Nexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Its innovative technology enables the manufacturers of global electronic equipment to outsource the design, development and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business’ success.

Our solutions are delivered through a global sales team and leverage the Group’s electronic hardware, software, display and mechanical engineering expertise.

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