QinetiQ Group (OTCMKTS:QNTQF) Trading Up 8.3% – Here’s Why

Shares of QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report) rose 8.3% on Thursday . The stock traded as high as $6.5196 and last traded at $6.39. Approximately 7,137 shares traded hands during trading, an increase of 269% from the average daily volume of 1,936 shares. The stock had previously closed at $5.90.

QinetiQ Group Price Performance

The company’s fifty day moving average price is $5.98 and its 200 day moving average price is $6.17.

QinetiQ Group Company Profile

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QinetiQ Group plc (OTCMKTS:QNTQF) is a UK-based defence technology company that delivers research, development and advisory services to military, security and civil customers worldwide. Headquartered in Farnborough, England, QinetiQ provides a blend of systems integration, test and evaluation, consultancy and managed services spanning land, sea, air and cyber domains.

The company’s core activities encompass advanced aeronautics and space testing, sensor and communications development, autonomous systems and robotics, as well as cybersecurity and resilience solutions.

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