Quixant (LON:QXT) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Quixant (LON:QXTGet Rating) in a report published on Monday morning, Marketbeat Ratings reports. They currently have a GBX 275 ($3.36) target price on the stock.

Quixant Price Performance

LON:QXT opened at GBX 169.50 ($2.07) on Monday. The company has a quick ratio of 1.29, a current ratio of 2.51 and a debt-to-equity ratio of 3.30. The company has a market capitalization of £112.63 million and a P/E ratio of 2,825.00. Quixant has a 52 week low of GBX 110 ($1.34) and a 52 week high of GBX 180 ($2.20). The stock’s fifty day moving average is GBX 165.79 and its two-hundred day moving average is GBX 161.60.

Insider Transactions at Quixant

In related news, insider Jon Jayal bought 6,020 shares of the stock in a transaction on Wednesday, November 2nd. The shares were purchased at an average price of GBX 166 ($2.03) per share, for a total transaction of £9,993.20 ($12,194.26). In other Quixant news, insider Duncan Penny purchased 20,000 shares of the business’s stock in a transaction dated Tuesday, October 25th. The shares were bought at an average price of GBX 173 ($2.11) per share, with a total value of £34,600 ($42,220.87). Also, insider Jon Jayal purchased 6,020 shares of the company’s stock in a transaction on Wednesday, November 2nd. The stock was bought at an average cost of GBX 166 ($2.03) per share, for a total transaction of £9,993.20 ($12,194.26).

Quixant Company Profile

(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.

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