QinetiQ Group (OTCMKTS:QNTQF) Stock Price Down 14.8% – What’s Next?

QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report) traded down 14.8% during trading on Friday . The stock traded as low as $6.04 and last traded at $6.04. 1,544 shares changed hands during mid-day trading, an increase of 106% from the average session volume of 749 shares. The stock had previously closed at $7.09.

QinetiQ Group Stock Performance

The business’s 50 day moving average price is $6.13 and its two-hundred day moving average price is $6.43.

About QinetiQ Group

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QinetiQ Group plc (OTCMKTS:QNTQF) is a UK-based defence technology company that delivers research, development and advisory services to military, security and civil customers worldwide. Headquartered in Farnborough, England, QinetiQ provides a blend of systems integration, test and evaluation, consultancy and managed services spanning land, sea, air and cyber domains.

The company’s core activities encompass advanced aeronautics and space testing, sensor and communications development, autonomous systems and robotics, as well as cybersecurity and resilience solutions.

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