Regency View:
Update
As our FTSE Investor product is newly launched, we currently only have the one stock to cover and that’s defence technology firm Qinetiq…
We typically take a timeframe of 1-3 years from the stocks that we cover, so it’s very early days for Qinetic, but so far, so good…
The shares have broken higher during the last week – outperforming the market during Monday’s sell-off.
There has been no additional stock-specific newsflow since our publication of Qinetic last Wednesday, but the ongoing developments in Ukraine have continued to see strong levels of pro-defence rhetoric coming from the UK and European nations.
Qinetiq are due to release a Q4 trading update next Wednesday (20th April) and we will cover this in detail during our April 27th update.
QQ. Daily Candle Chart
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All content is provided for general information only and should not be construed as any form of advice or personal recommendation. The provision of this content is not regulated by the Financial Conduct Authority.