Quixant (LON:QXT) Stock Price Crosses Above 200 Day Moving Average of $0.00

Quixant PLC (LON:QXT)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $227.10. Quixant shares last traded at $225.00, with a volume of 1,817 shares trading hands.

Several analysts have recently weighed in on QXT shares. FinnCap reiterated a “corporate” rating on shares of Quixant in a research note on Monday, March 25th. Peel Hunt lowered their price objective on shares of Quixant from GBX 500 ($6.53) to GBX 400 ($5.23) and set a “buy” rating for the company in a research note on Monday, March 25th. Canaccord Genuity lowered their price objective on shares of Quixant from GBX 440 ($5.75) to GBX 400 ($5.23) and set a “buy” rating for the company in a research note on Monday, March 25th. Finally, Berenberg Bank lowered their price objective on shares of Quixant from GBX 600 ($7.84) to GBX 425 ($5.55) and set a “buy” rating for the company in a research note on Wednesday, March 27th.

The firm’s 50 day simple moving average is GBX 238.36. The company has a market cap of $148.77 million and a P/E ratio of 10.57. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 2.28.

In other Quixant news, insider Gary Mullins purchased 3,676 shares of Quixant stock in a transaction that occurred on Tuesday, April 9th. The stock was acquired at an average price of GBX 272 ($3.55) per share, with a total value of £9,998.72 ($13,065.10). Also, insider Michael Peagram purchased 16,500 shares of Quixant stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average cost of GBX 260 ($3.40) per share, with a total value of £42,900 ($56,056.45).

Quixant Company Profile (LON:QXT)

Quixant Plc engages in the design, development, and manufacture of PC based gaming platforms and display solutions for the gaming and slot machine industry worldwide. The company also designs, develops, and delivers electronic displays into the industrial marketplace; and offers gaming monitors, such as floating and standard gaming monitors, and button decks.

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