QinetiQ Group (OTCMKTS:QNTQY) Shares Down 1% – What’s Next?

QinetiQ Group plc (OTCMKTS:QNTQY) traded down 1% on Wednesday . The company traded as low as $23.29 and last traded at $23.29. 863 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 4,251 shares. The stock had previously closed at $23.5230.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised QinetiQ Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 24th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

QinetiQ Group Trading Down 1.0%

The firm’s 50-day moving average price is $24.05 and its 200 day moving average price is $26.27.

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products 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.