Quartix Technologies (LON:QTX) Shares Pass Above 50 Day Moving Average - Here's Why

Quartix Technologies plc (LON:QTX)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 167.32 ($2.17) and traded as high as GBX 202 ($2.62). Quartix Technologies shares last traded at GBX 201.40 ($2.61), with a volume of 83,089 shares traded.

Quartix Technologies Stock Down 3.7 %

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 169.65 and its 200 day moving average price is GBX 165.37. The firm has a market capitalization of £94.12 million, a price-to-earnings ratio of -122.37 and a beta of 1.04.

Quartix Technologies (LON:QTX - Get Free Report) last announced its earnings results on Monday, March 3rd. The company reported GBX 9.85 ($0.13) earnings per share (EPS) for the quarter. Quartix Technologies had a negative net margin of 2.45% and a negative return on equity of 4.50%. Sell-side analysts expect that Quartix Technologies plc will post 9.6330846 EPS 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.