QinetiQ Group plc (LON:QQ) Insider Steve Wadey Purchases 32 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey purchased 32 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were bought at an average cost of GBX 465 ($5.98) per share, with a total value of £148.80 ($191.48).

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

• On Wednesday, October 9th, Steve Wadey acquired 33 shares of QinetiQ Group stock. The shares were purchased at an average price of GBX 459 ($5.91) per share, for a total transaction of £151.47 ($194.92).
• On Monday, September 9th, Steve Wadey bought 33 shares of QinetiQ Group stock. The stock was purchased at an average price of GBX 451 ($5.80) per share, with a total value of £148.83 ($191.52).

QinetiQ Group Stock Performance

Shares of LON:QQ opened at GBX 469.60 ($6.04) on Wednesday. The firm has a 50 day moving average of GBX 457.39 and a 200 day moving average of GBX 440.90. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 42.47. The company has a market capitalization of £2.65 billion, a price-to-earnings ratio of 1,956.67, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a 52 week low of GBX 292.20 ($3.76) and a 52 week high of GBX 491 ($6.32).

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of QinetiQ Group in a report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 457.50 ($5.89).

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.