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Quixant ( (GB:NXQ) ) has shared an announcement.
Nexteq plc has disclosed that Non-Executive Director Debbie Wilkinson has acquired 12,228 ordinary shares in the company at 73.60 pence per share, giving her a holding equivalent to 0.02% of the issued share capital. The director dealing, notified in accordance with market abuse regulations, modestly increases board equity participation and may be interpreted by investors as a sign of confidence in the technology solutions group’s long-term prospects, though the transaction is relatively small in the context of the company’s overall capital base.
The most recent analyst rating on (GB:NXQ) stock is a Hold with a £77.00 price target. To see the full list of analyst forecasts on Quixant stock, see the GB:NXQ Stock Forecast page.
Spark’s Take on GB:NXQ Stock
According to Spark, TipRanks’ AI Analyst, GB:NXQ is a Neutral.
Quixant’s overall stock score is primarily influenced by its strong financial performance, particularly in cash flow and equity stability. However, technical analysis indicates bearish trends, and the negative P/E ratio raises concerns about profitability. The high dividend yield offers some compensation, but overall, the stock faces challenges in market momentum and valuation.
To see Spark’s full report on GB:NXQ stock, click here.
More about Quixant
Nexteq plc is a strategic technology solutions provider serving manufacturers of electronic equipment in selected industrial markets. Through its Quixant and Densitron brands, the Group designs, develops and supplies non-core elements of customers’ technology stacks, including electronic hardware, software, display and mechanical engineering solutions, enabling clients to outsource parts of their product platforms while focusing on core differentiators. Operating in six countries and serving more than 500 customers across 47 countries, Nexteq leverages a Taiwan-based operation as a hub for Asian supply networks, cost-effective manufacturing and strategic supply chain management. Founded in 2005 and originally listed on AIM as Quixant plc, the Group rebranded to Nexteq in 2023.
Average Trading Volume: 96,065
Technical Sentiment Signal: Strong Sell
Current Market Cap: £40.97M
For an in-depth examination of NXQ stock, go to TipRanks’ Overview page.