QinetiQ Group (OTCMKTS:QNTQF) Stock Price Down 10.8% – Here’s What Happened

Shares of QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report) fell 10.8% during mid-day trading on Wednesday . The stock traded as low as $5.35 and last traded at $5.35. 2,100 shares were traded during mid-day trading, a decline of 11% from the average session volume of 2,350 shares. The stock had previously closed at $6.00.

QinetiQ Group Price Performance

The company’s 50 day moving average price is $6.13 and its two-hundred day moving average price is $5.74.

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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