QinetiQ Group (OTCMKTS:QNTQF) Trading Down 21.9% – Here’s What Happened

QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report) shares traded down 21.9% on Wednesday . The company traded as low as $6.25 and last traded at $6.25. Approximately 100 shares changed hands during trading, a decline of 93% from the average daily volume of 1,493 shares. The stock had previously closed at $8.00.

QinetiQ Group Price Performance

The stock has a 50 day simple moving average of $7.03 and a 200-day simple moving average of $6.49.

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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