Nexteq (LON:NXQ) Stock Price Up 1.5% – Here’s Why

Nexteq plc (LON:NXQ) shares rose 1.5% on Friday . The stock traded as high as GBX 69 ($0.89) and last traded at GBX 69 ($0.89). Approximately 2,109 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 101,967 shares. The stock had previously closed at GBX 68 ($0.88).

Nexteq Stock Up 1.5 %

The company’s fifty day simple moving average is GBX 69.01 and its two-hundred day simple moving average is GBX 76.93. The company has a market capitalization of £52.05 million, a price-to-earnings ratio of 5.47 and a beta of 1.36.

Nexteq Company Profile

Nexteq (AIM: NXQ) (formerly Quixant plc) is a leading technology partner to major global industrial equipment manufacturers. The Group’s specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most.

Nexteq consists of two distinct divisions, Quixant and Densitron, each with dedicated sales, account management and product innovation teams.