QinetiQ Group plc (LON:QQ) Insider Steve Wadey Acquires 33 Shares of Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 33 shares of the stock in a transaction that occurred on Wednesday, October 9th. The shares were bought at an average price of GBX 459 ($6.01) per share, with a total value of £151.47 ($198.23).

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

• On Monday, September 9th, Steve Wadey purchased 33 shares of QinetiQ Group stock. The shares were acquired at an average cost of GBX 451 ($5.90) per share, with a total value of £148.83 ($194.78).
• On Friday, August 9th, Steve Wadey bought 32 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 470 ($6.15) per share, with a total value of £150.40 ($196.83).

QinetiQ Group Stock Up 0.3 %

QQ stock opened at GBX 456.80 ($5.98) on Friday. The stock has a fifty day moving average of GBX 463.25 and a 200-day moving average of GBX 423.92. QinetiQ Group plc has a fifty-two week low of GBX 292.20 ($3.82) and a fifty-two week high of GBX 491 ($6.43). The company has a market capitalization of £2.59 billion, a price-to-earnings ratio of 1,903.33, a PEG ratio of 1.47 and a beta of 0.48. The company has a debt-to-equity ratio of 42.47, a quick ratio of 1.15 and a current ratio of 1.15.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of QinetiQ Group in a research report on Thursday, July 18th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 457.50 ($5.99).

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.