QinetiQ Group (LON:QQ) Insider Buys £148.49 in Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 31 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were bought at an average cost of GBX 479 per share, for a total transaction of £148.49.

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

• On Monday, May 11th, Steve Wadey bought 36 shares of QinetiQ Group stock. The stock was purchased at an average price of GBX 415 per share, with a total value of £149.40.
• On Thursday, April 9th, Steve Wadey bought 31 shares of QinetiQ Group stock. The stock was purchased at an average price of GBX 486 per share, with a total value of £150.66.

QinetiQ Group Stock Down 0.7%

Shares of QQ stock traded down GBX 3.20 during mid-day trading on Wednesday, hitting GBX 472.40. 858,641 shares of the stock traded hands, compared to its average volume of 88,555. QinetiQ Group plc has a 52-week low of GBX 292.20 and a 52-week high of GBX 491. The stock has a market cap of £2.61 billion, a P/E ratio of 19.56, a P/E/G ratio of 1.47 and a beta of 0.32. The company has a debt-to-equity ratio of 74.20, a current ratio of 1.13 and a quick ratio of 1.15. The stock’s fifty day moving average is GBX 459.80 and its two-hundred day moving average is GBX 469.34.

QinetiQ Group (LON:QQ) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 31.50 earnings per share (EPS) for the quarter. The firm had revenue of GBX 192.26 billion for the quarter. QinetiQ Group had a net margin of 5.59% and a return on equity of 19.34%. Equities analysts predict that QinetiQ Group plc will post 26.1405108 EPS for the current year.

QinetiQ Group announced that its Board of Directors has authorized a stock buyback plan on Wednesday, March 25th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

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.