Quartix Technologies (LON:QTX) Stock Price Up 17.8% - Should You Buy?

Quartix Technologies plc (LON:QTX) rose 17.8% during trading on Monday . The company traded as high as GBX 185 ($2.39) and last traded at GBX 184.90 ($2.39). Approximately 90,230 shares were traded during mid-day trading, an increase of 345% from the average daily volume of 20,275 shares. The stock had previously closed at GBX 157 ($2.03).

Quartix Technologies Price Performance

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 company has a market capitalization of £93.64 million, a PE ratio of -121.74 and a beta of 1.04. The firm has a 50-day moving average of GBX 166.39 and a 200 day moving average of GBX 165.

Quartix Technologies (LON:QTX - Get Free Report) last released its quarterly earnings data on Monday, March 3rd. The company reported GBX 9.85 ($0.13) EPS for the quarter. Quartix Technologies had a negative return on equity of 4.50% and a negative net margin of 2.45%. As a group, research analysts anticipate that Quartix Technologies plc will post 9.6330846 earnings per share for the current fiscal 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.