Gary Mullins Acquires 3,676 Shares of Quixant PLC (QXT) Stock

Quixant PLC (LON:QXT) insider Gary Mullins bought 3,676 shares of the firm’s stock in a transaction that occurred on Tuesday, April 9th. The shares were acquired at an average price of GBX 272 ($3.55) per share, with a total value of £9,998.72 ($13,065.10).

Shares of LON:QXT remained flat at $GBX 261 ($3.41) during trading hours on Friday. 418,554 shares of the company’s stock were exchanged, compared to its average volume of 13,946. Quixant PLC has a 52 week low of GBX 250 ($3.27) and a 52 week high of GBX 490 ($6.40). The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.89 and a current ratio of 2.76. The stock has a market cap of $173.29 million and a P/E ratio of 12.31.

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

QXT has been the subject of a number of analyst reports. FinnCap reiterated a “corporate” rating on shares of Quixant in a research report on Monday, March 25th. Peel Hunt reissued a “buy” rating on shares of Quixant in a research note on Thursday, January 31st. Canaccord Genuity cut their target price on shares of Quixant from GBX 440 ($5.75) to GBX 400 ($5.23) and set a “buy” rating for the company in a research note on Monday, March 25th. Finally, Berenberg Bank cut their target price on shares of Quixant from GBX 600 ($7.84) to GBX 425 ($5.55) and set a “buy” rating for the company in a research note on Wednesday, March 27th.

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About Quixant

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. The company 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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