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

Nexteq plc (LON:NXQ) insider Carol Thompson acquired 4,218 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were acquired at an average price of GBX 64 ($0.83) per share, with a total value of £2,699.52 ($3,481.01).

Nexteq Stock Performance

Shares of NXQ stock opened at GBX 61 ($0.79) on Friday. Nexteq plc has a fifty-two week low of GBX 60 ($0.77) and a fifty-two week high of GBX 155 ($2.00). The firm has a market capitalization of £46.02 million, a price-to-earnings ratio of 4.83 and a beta of 1.36. The stock’s 50-day simple moving average is GBX 68.48 and its 200-day simple moving average is GBX 73.36.

Nexteq Increases Dividend

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