Jon Jayal Purchases 10,000 Shares of Quixant PLC (QXT) Stock

Quixant PLC (LON:QXT) insider Jon Jayal purchased 10,000 shares of Quixant stock in a transaction on Tuesday, March 26th. The shares were acquired at an average cost of GBX 297 ($3.88) per share, for a total transaction of £29,700 ($38,808.31).

LON:QXT traded up GBX 2.10 ($0.03) during mid-day trading on Friday, reaching GBX 252 ($3.29). The stock had a trading volume of 523,159 shares, compared to its average volume of 13,946. The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.89 and a current ratio of 2.76. Quixant PLC has a 1-year low of GBX 250 ($3.27) and a 1-year high of GBX 490 ($6.40). The company has a market capitalization of $167.22 million and a price-to-earnings ratio of 11.89.

The business also recently disclosed a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, April 18th will be paid a dividend of GBX 3.10 ($0.04) per share. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Quixant’s previous dividend of $2.60. Quixant’s dividend payout ratio (DPR) is currently 0.14%.

QXT has been the subject of several recent research reports. FinnCap reiterated a “corporate” rating on shares of Quixant in a report on Thursday, January 24th. Peel Hunt reiterated a “buy” rating on shares of Quixant in a report on Thursday, January 24th. Canaccord Genuity lowered their price target on Quixant from GBX 530 ($6.93) to GBX 440 ($5.75) and set a “buy” rating for the company in a report on Friday, January 25th. Finally, Berenberg Bank lowered their price target on Quixant from GBX 600 ($7.84) to GBX 425 ($5.55) and set a “buy” rating for the company in a report on Wednesday, March 27th.

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Quixant Company Profile

Quixant Plc engages in the design, development, and manufacture of PC based gaming platforms and display solutions for the gaming and slot machine industry worldwide. It also designs, develops, and delivers electronic displays into the industrial marketplace; and offers gaming monitors, such as floating and standard gaming monitors, and button decks.

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