QinetiQ Group plc (OTCMKTS:QNTQY – Get Free Report)’s stock price fell 0.9% on Tuesday . The company traded as low as $22.34 and last traded at $22.75. 3,393 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 5,547 shares. The stock had previously closed at $22.96.
QinetiQ Group Price Performance
The company’s 50 day simple moving average is $24.65 and its two-hundred day simple moving average is $25.63.
QinetiQ Group Company Profile
QinetiQ Group is a defense technology and services company headquartered in Farnborough, United Kingdom. The company’s core business centers on research, development and innovation across aerospace, defense, security and energy markets. QinetiQ provides end-to-end capabilities including test and evaluation services, systems engineering, consultancy and training, supporting platforms and systems from concept through deployment.
Established in 2001 following the privatization of the UK’s Defence Evaluation and Research Agency (DERA), QinetiQ has expanded its footprint to key locations in the United States, Australia and Europe.
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