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Quixant ( (GB:NXQ) ) has shared an announcement.
Nexteq plc has repurchased 35,000 of its own ordinary shares at 74.50 pence per share, which will be held in treasury, as part of its ongoing capital management. Following this transaction, the company’s issued share capital comprises 66,539,060 ordinary shares, of which 8,379,135 are held in treasury, resulting in 58,159,925 voting shares in issue, a key reference figure for investors monitoring their disclosure obligations under UK transparency regulations.
The most recent analyst rating on (GB:NXQ) stock is a Hold with a £70.00 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 publicly listed group whose shares trade on AIM, operating as a diversified technology business with a broad shareholder base subject to UK Disclosure Guidance and Transparency Rules.
Average Trading Volume: 103,300
Technical Sentiment Signal: Strong Sell
Current Market Cap: £42.93M
Learn more about NXQ stock on TipRanks’ Stock Analysis page.