Nexteq (LON:NXQ) Stock Price Up 3.8% – What’s Next?

Nexteq plc (LON:NXQ)’s share price was up 3.8% during mid-day trading on Wednesday . The stock traded as high as GBX 69 ($0.94) and last traded at GBX 69 ($0.94). Approximately 47,528 shares were traded during trading, a decline of 48% from the average daily volume of 91,273 shares. The stock had previously closed at GBX 66.50 ($0.90).

Nexteq Stock Up 3.7%

The stock has a market capitalization of £52.80 million, a price-to-earnings ratio of 5.55 and a beta of 1.36. The company’s 50-day moving average is GBX 65.32 and its 200-day moving average is GBX 65.48.

About Nexteq

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.