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Quindell (QPP) Share Price London Stock Exchange October 26

Last week saw a low for Quindell at 140.50p by the end of trading on Monday, which had risen by 145.50 by end of day Friday for a week gain of 3.11%.

With the year-high for Quindell at 682.50, now is arguably the best time to get in on the stock and purchasing shares, as is recommended by a number of brokers and financial institutions. Daniel Stewart, Canaccord Genuity, and Cenkos have all reiterated buy recommendations on Quindell. Investors took the tip, picking up 61.63% of trade volume.

On Friday share values fell 1p by close with a roughly 10p spread between the high of 152.51 and low of 142.25.

Quindell is reportedly on track to reach its projected 750,000 telematic subscribers by 2016, following its recent deal with a top Canadian insurer. The move will no doubt improve other North American prospects for the company.

OCA News Editor

Jenny McKinnley is OCAs financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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