Nexteq plc (LON:NXQ) Insider Purchases £2,699.52 in Stock

Nexteq plc (LON:NXQ) insider Carol Thompson purchased 4,218 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was bought at an average price of GBX 64 ($0.83) per share, for a total transaction of £2,699.52 ($3,505.41).

Nexteq Price Performance

LON:NXQ traded down GBX 2.16 ($0.03) during mid-day trading on Thursday, reaching GBX 61.34 ($0.80). The stock had a trading volume of 39,898 shares, compared to its average volume of 85,804. The stock has a 50-day simple moving average of GBX 68.91 and a two-hundred day simple moving average of GBX 73.84. Nexteq plc has a 12 month low of GBX 61 ($0.79) and a 12 month high of GBX 157 ($2.04). The stock has a market capitalization of £46.27 million, a PE ratio of 4.86 and a beta of 1.36.

Nexteq Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 1st will be given a dividend of GBX 3.70 ($0.05) per share. This represents a yield of 5.69%. This is a boost from Nexteq’s previous dividend of $3.30. The ex-dividend date is Thursday, May 1st. Nexteq’s dividend payout ratio is currently 23.77%.

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.