Nexteq (LON:NXQ) Shares Down 1.9% – Should You Sell?

Nexteq plc (LON:NXQ)’s share price traded down 1.9% during trading on Tuesday . The stock traded as low as GBX 63 ($0.78) and last traded at GBX 63 ($0.78). 73,886 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 151,763 shares. The stock had previously closed at GBX 64.20 ($0.79).

Nexteq Stock Down 0.8 %

The firm has a 50 day moving average price of GBX 68.64 and a 200 day moving average price of GBX 88.87. The stock has a market capitalization of £40.27 million, a PE ratio of 529.17 and a beta of 1.36.

Nexteq Company Profile

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.