SQS Software Quality Systems AG (SQS) Insider Sells £495,000 in Stock

SQS Software Quality Systems AG (LON:SQS) insider Ralph Gillessen sold 60,000 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of GBX 825 ($11.57), for a total value of £495,000 ($694,054.96).

SQS Software Quality Systems AG (LON:SQS) opened at GBX 830 ($11.64) on Friday. SQS Software Quality Systems AG has a 52 week low of GBX 420 ($5.89) and a 52 week high of GBX 839 ($11.76).

A number of brokerages have issued reports on SQS. N+1 Singer restated a “buy” rating on shares of SQS Software Quality Systems in a research report on Friday, December 15th. Numis Securities upgraded SQS Software Quality Systems to a “buy” rating and set a GBX 644 ($9.03) price objective on the stock in a research report on Wednesday, November 29th.

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SQS Software Quality Systems Company Profile

SQS Software Quality Systems AG (SQS) is a Germany-based provider of software testing and quality management services. The Company operates in three business segments: Managed Services (MS), which includes long term engagements for testing standard software package products; Specialist Consultancy Services (SCS), which includes transformation and quality in projects with skills, including SAP, Product Lifecycle Management (PLM), process consulting and improvement, and load and performance testing; and Regular Testing Services (RTS), which includes consultancy services on a local basis and contracted for a short term (three months).

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