Quixant (LON:QXT) Share Price Crosses Above Fifty Day Moving Average of $166.05

Quixant Plc (LON:QXT – Get Rating) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 166.05 ($2.06) and traded as high as GBX 170 ($2.10). Quixant shares last traded at GBX 168 ($2.08), with a volume of 7,205 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 275 ($3.40) price target on shares of Quixant in a research report on Monday, January 16th.

Quixant Price Performance

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 business’s 50-day simple moving average is GBX 166.05 and its 200 day simple moving average is GBX 162.04. The firm has a market capitalization of £111.64 million and a P/E ratio of 2,800.00.

Insider Activity

In related news, insider Jon Jayal acquired 6,020 shares of the company’s stock in a transaction dated Wednesday, November 2nd. The stock was purchased at an average price of GBX 166 ($2.06) per share, with a total value of £9,993.20 ($12,372.42).

Quixant Company Profile

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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.