QinetiQ Group (OTCMKTS:QNTQF) Trading 7.7% Higher – Time to Buy?

QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report)’s share price was up 7.7% during mid-day trading on Wednesday . The company traded as high as $5.06 and last traded at $5.06. Approximately 500 shares changed hands during trading, a decline of 57% from the average daily volume of 1,175 shares. The stock had previously closed at $4.70.

QinetiQ Group Stock Performance

The company’s 50-day moving average price is $4.73 and its 200 day moving average price is $5.48.

About QinetiQ Group

(Get Free Report)

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.

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