Quixant (LON:QXT) Stock Passes Below Two Hundred Day Moving Average of $149.12

Quixant Plc (LON:QXTGet Rating) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 149.12 ($1.83) and traded as low as GBX 145.88 ($1.79). Quixant shares last traded at GBX 149 ($1.83), with a volume of 48,907 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upped their price objective on shares of Quixant from GBX 240 ($2.94) to GBX 250 ($3.06) and gave the stock a “buy” rating in a report on Thursday, May 5th.

Quixant Stock Performance

The company’s fifty day simple moving average is GBX 152.07 and its two-hundred day simple moving average is GBX 149.12. The stock has a market cap of £99.01 million and a price-to-earnings ratio of 3,725.00. The company has a debt-to-equity ratio of 4.20, a current ratio of 2.52 and a quick ratio of 1.48.

About Quixant

(Get Rating)

Quixant Plc engages in the design, development, and manufacture of gaming platforms and display solutions for the casino gaming and slot machine industry. The company designs, develops, and delivers electronic displays and control solutions into the industrial marketplace; and offers gaming cabinets, button decks, and accessories.

Further Reading

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