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

QinetiQ Group plc (LON:QQ) insider Steve Wadey purchased 33 shares of QinetiQ Group stock in a transaction dated Wednesday, October 9th. The shares were acquired at an average cost 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 bought 33 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 451 ($5.90) per share, with a total value of £148.83 ($194.78).
• On Friday, August 9th, Steve Wadey purchased 32 shares of QinetiQ Group stock. The stock was acquired at an average price of GBX 470 ($6.15) per share, for a total transaction of £150.40 ($196.83).

QinetiQ Group Trading Down 2.2 %

QinetiQ Group stock opened at GBX 446.80 ($5.85) on Friday. QinetiQ Group plc has a 12-month low of GBX 292.20 ($3.82) and a 12-month high of GBX 491 ($6.43). The firm has a market capitalization of £2.53 billion, a price-to-earnings ratio of 1,861.67, a P/E/G ratio of 1.47 and a beta of 0.48. The firm has a 50 day moving average of GBX 462.92 and a 200 day moving average of GBX 424.51. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 42.47.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of QinetiQ Group in a research note on Thursday, July 18th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 457.50 ($5.99).

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.