Carol Thompson Purchases 4,218 Shares of Nexteq plc (LON:NXQ) Stock

Nexteq plc (LON:NXQ) insider Carol Thompson acquired 4,218 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was bought at an average cost of GBX 64 ($0.83) per share, for a total transaction of £2,699.52 ($3,505.41).

Nexteq Trading Down 3.4 %

Shares of Nexteq stock traded down GBX 2.16 ($0.03) during trading on Thursday, reaching GBX 61.34 ($0.80). The stock had a trading volume of 39,898 shares, compared to its average volume of 85,804. The company has a market capitalization of £46.27 million, a price-to-earnings ratio of 4.86 and a beta of 1.36. Nexteq plc has a 52 week low of GBX 61 ($0.79) and a 52 week high of GBX 157 ($2.04). The stock has a fifty day moving average price of GBX 68.91 and a two-hundred day moving average price of GBX 73.84.

Nexteq Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 1st will be issued a dividend of GBX 3.70 ($0.05) per share. This represents a yield of 5.69%. The ex-dividend date is Thursday, May 1st. This is a positive change from Nexteq’s previous dividend of $3.30. Nexteq’s dividend payout ratio is presently 23.77%.

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.