Nexteq (LON:NXQ) Trading Down 0.4%

Nexteq plc (LON:NXQ) shares dropped 0.4% during mid-day trading on Wednesday . The company traded as low as GBX 131.10 ($1.66) and last traded at GBX 131.50 ($1.67). Approximately 6,542 shares were traded during trading, a decline of 92% from the average daily volume of 83,476 shares. The stock had previously closed at GBX 132 ($1.67).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 300 ($3.81) price objective on shares of Nexteq in a research report on Tuesday, April 16th.

Nexteq Stock Down 0.4 %

The company has a market cap of £87.43 million, a PE ratio of 1,011.54 and a beta of 1.22. The company has a 50-day moving average of GBX 143.23 and a 200-day moving average of GBX 135.28.

About Nexteq

Nexteq plc operates as a business-to-business technology design and supply chain partner to industrial equipment manufacturers North America, Europe, Asia, Australia, rest of the United Kingdom, and internationally. It operates through two divisions, Quixant and Densitron. The Quixant segment engages in the design, development, and manufacture of gaming platforms and display solutions, such as cabinets and other computer platforms, as well as software for the casino gaming and slot machine industry.