Steve Wadey Purchases 37 Shares of QinetiQ Group plc (LON:QQ) Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey purchased 37 shares of the stock in a transaction dated Monday, December 9th. The shares were purchased at an average price of GBX 408 ($5.20) per share, with a total value of £150.96 ($192.58).

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

• On Monday, November 11th, Steve Wadey acquired 32 shares of QinetiQ Group stock. The stock was purchased at an average price of GBX 465 ($5.93) per share, for a total transaction of £148.80 ($189.82).
• On Wednesday, October 9th, Steve Wadey bought 33 shares of QinetiQ Group stock. The shares were purchased at an average price of GBX 459 ($5.86) per share, with a total value of £151.47 ($193.23).

QinetiQ Group Stock Up 1.3 %

Shares of LON:QQ opened at GBX 409.40 ($5.22) on Thursday. QinetiQ Group plc has a fifty-two week low of GBX 292.20 ($3.73) and a fifty-two week high of GBX 491 ($6.26). The firm’s 50 day moving average price is GBX 445.30 and its 200 day moving average price is GBX 450.87. 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 stock has a market cap of £2.31 billion, a price-to-earnings ratio of 1,684.17, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48.

QinetiQ Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be issued a GBX 2.80 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 0.6%. QinetiQ Group’s payout ratio is 3,333.33%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of QinetiQ Group in a report on Tuesday, October 15th.

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.