Quixant (LON:QXT) PT Raised to GBX 240

Quixant (LON:QXT) had its price target lifted by stock analysts at Canaccord Genuity Group from GBX 225 ($3.05) to GBX 240 ($3.26) in a note issued to investors on Thursday, PriceTargets.com reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 35.21% from the company’s current price.

LON:QXT opened at GBX 177.50 ($2.41) on Thursday. The company has a debt-to-equity ratio of 3.85, a quick ratio of 1.83 and a current ratio of 3.14. Quixant has a one year low of GBX 110 ($1.49) and a one year high of GBX 195 ($2.65). The business’s 50-day simple moving average is GBX 170.03 and its 200 day simple moving average is GBX 171.88. The stock has a market cap of £117.95 million and a price-to-earnings ratio of 221.88.

About Quixant

Quixant Plc engages in the design, development, and manufacture of gaming platforms and display solutions for the gaming and slot machine industry. The company designs, develops, and delivers electronic displays into the industrial marketplace; and offers gaming displays, such as floating and standard gaming monitors, and button decks.

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