Nexteq (LON:NXQ) Stock Price Down 0.4%

Nexteq plc (LON:NXQ) traded down 0.4% during trading on Wednesday . The company traded as low as GBX 131.10 ($1.66) and last traded at GBX 131.50 ($1.67). 6,542 shares traded hands during trading, a decline of 92% from the average session volume of 83,476 shares. The stock had previously closed at GBX 132 ($1.67).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 300 ($3.81) target price on shares of Nexteq in a research note on Tuesday, April 16th.

Nexteq Stock Performance

The company has a market capitalization of £85.44 million, a P/E ratio of 1,007.69 and a beta of 1.22. The stock has a 50 day moving average price of GBX 142.84 and a 200 day moving average price of GBX 135.24.

About Nexteq

Nexteq plc operates as a business-to-business technology design and supply chain partner to industrial equipment manufacturers North America, Europe, Asia, Australia, rest of the United Kingdom, and internationally. It operates through two divisions, Quixant and Densitron. The Quixant segment engages in the design, development, and manufacture of gaming platforms and display solutions, such as cabinets and other computer platforms, as well as software for the casino gaming and slot machine industry.