Quixant (LON:QXT) Share Price Crosses Above Fifty Day Moving Average of $166.05

Quixant Plc (LON:QXT – Get Rating)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 166.05 ($2.06) and traded as high as GBX 170 ($2.10). Quixant shares last traded at GBX 168 ($2.08), with a volume of 7,205 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 275 ($3.40) price objective on shares of Quixant in a research report on Monday, January 16th.

Quixant Trading Down 0.4 %

The stock has a market cap of £111.24 million and a price-to-earnings ratio of 2,755.83. The business has a fifty day simple moving average of GBX 166.15 and a 200 day simple moving average of GBX 162.12. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.29 and a current ratio of 2.51.

Insider Activity

In other Quixant news, insider Jon Jayal purchased 6,020 shares of the business’s stock in a transaction dated Wednesday, November 2nd. The shares were bought at an average price of GBX 166 ($2.06) per share, with a total value of £9,993.20 ($12,372.42).

About Quixant

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Quixant Plc engages in the design, development, and manufacture of gaming platforms and display solutions for the casino gaming and slot machine industry. The company designs, develops, and delivers electronic displays and control solutions into the industrial marketplace; and offers gaming cabinets, button decks, and accessories.