Nexteq (LON:NXQ) Stock Price Up 1.4% – Should You Buy?

Shares of Nexteq plc (LON:NXQ) were up 1.4% during mid-day trading on Thursday . The company traded as high as GBX 68.45 and last traded at GBX 68.45. Approximately 85,232 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 628,397 shares. The stock had previously closed at GBX 67.50.

Nexteq Stock Up 1.3%

The firm has a market cap of £40.99 million, a P/E ratio of -15.87 and a beta of 1.36. The business has a fifty day moving average of GBX 81.01 and a 200 day moving average of GBX 77.83.

Nexteq Company Profile

Nexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Its innovative technology enables the manufacturers of global electronic equipment to outsource the design, development and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business’ success.

Our solutions are delivered through a global sales team and leverage the Group’s electronic hardware, software, display and mechanical engineering expertise.