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

QinetiQ Group plc (LON:QQ) insider Steve Wadey purchased 37 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of GBX 408 ($5.20) per share, for a total transaction of £150.96 ($192.43).

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 acquired at an average cost of GBX 465 ($5.93) per share, with a total value of £148.80 ($189.67).
• On Wednesday, October 9th, Steve Wadey bought 33 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 459 ($5.85) per share, for a total transaction of £151.47 ($193.08).

QinetiQ Group Trading Down 1.1 %

LON QQ traded down GBX 4.60 ($0.06) on Tuesday, hitting GBX 410 ($5.23). 863,721 shares of the stock were exchanged, compared to its average volume of 88,555. The company has a debt-to-equity ratio of 42.47, a quick ratio of 1.15 and a current ratio of 1.15. QinetiQ Group plc has a 52-week low of GBX 292.20 ($3.72) and a 52-week high of GBX 491 ($6.26). The firm has a market capitalization of £2.32 billion, a P/E ratio of 1,727.50, a P/E/G ratio of 1.47 and a beta of 0.48. The stock has a fifty day moving average price of GBX 447.15 and a two-hundred day moving average price of GBX 451.49.

QinetiQ Group Cuts Dividend

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

Analyst Ratings Changes

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

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.