Nexteq (LON:NXQ) Stock Price Down 0.8%

Nexteq plc (LON:NXQ) shares were down 0.8% on Thursday . The company traded as low as GBX 123.09 ($1.60) and last traded at GBX 124 ($1.61). Approximately 81,398 shares changed hands during trading, an increase of 1% from the average daily volume of 80,392 shares. The stock had previously closed at GBX 125 ($1.62).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 300 ($3.89) price target on shares of Nexteq in a research note on Tuesday, April 16th.

Nexteq Price Performance

The stock’s 50 day simple moving average is GBX 135.07 and its two-hundred day simple moving average is GBX 138.69. The stock has a market cap of £82.12 million, a price-to-earnings ratio of 950.00 and a beta of 1.22.

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.