Quartix Technologies (LON:QTX) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Quartix Technologies plc (LON:QTX) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 257.91 ($3.49) and traded as high as GBX 298 ($4.04). Quartix Technologies shares last traded at GBX 292 ($3.96), with a volume of 14,594 shares traded.

Quartix Technologies Price Performance

The stock has a market cap of £144.32 million, a PE ratio of 2,738.97 and a beta of 1.04. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.29 and a quick ratio of 1.00. The firm’s 50 day moving average price is GBX 257.91 and its two-hundred day moving average price is GBX 230.65.

Quartix Technologies (LON:QTX) last posted its earnings results on Thursday, July 24th. The company reported GBX 5.52 earnings per share for the quarter. Quartix Technologies had a negative net margin of 2.45% and a negative return on equity of 4.50%. On average, research analysts expect that Quartix Technologies plc will post 9.6330846 earnings per share for the current year.

Quartix Technologies Company Profile

The Quartix vehicle tracking system has been installed in over 800,000 vehicles.

Quartix was founded in 2001 by four industry professionals in the UK who have a combined 120+ years experience in systems design, telemetry, embedded computing, communications and database design and implementation.

We now have more than 30,000 fleet customers globally.