QinetiQ Group (OTCMKTS:QNTQF) Shares Down 13.2% – Here’s Why

Shares of QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report) dropped 13.2% during trading on Thursday . The company traded as low as $4.95 and last traded at $4.95. Approximately 504 shares changed hands during trading, a decline of 70% from the average daily volume of 1,700 shares. The stock had previously closed at $5.70.

QinetiQ Group Price Performance

The company’s fifty day moving average is $5.09 and its 200 day moving average is $5.51.

About QinetiQ Group

(Get Free Report)

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products 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.

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