QinetiQ Group plc (LON:QQ) to Issue Dividend of GBX 2.80

QinetiQ Group plc (LON:QQ) announced a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 9th will be given a dividend of GBX 2.80 ($0.04) per share on Friday, February 7th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Thursday, January 9th. The official announcement can be accessed at this link.

QinetiQ Group Trading Up 1.0 %

LON:QQ traded up GBX 4.60 ($0.06) on Thursday, hitting GBX 466 ($6.00). The stock had a trading volume of 1,102,220 shares, compared to its average volume of 88,555. The company has a fifty day moving average price of GBX 457.34 and a two-hundred day moving average price of GBX 441.05. The stock has a market cap of £2.63 billion, a price-to-earnings ratio of 1,922.50, a PEG ratio of 1.47 and a beta of 0.48. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 42.47. QinetiQ Group has a 1-year low of GBX 292.20 ($3.76) and a 1-year high of GBX 491 ($6.32).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of QinetiQ Group in a research note on Tuesday, October 15th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 457.50 ($5.89).

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.