Quartix Technologies (LON:QTX) Stock Crosses Above Fifty Day Moving Average - What's Next?

Quartix Technologies plc (LON:QTX)'s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 183.92 ($2.41) and traded as high as GBX 222 ($2.90). Quartix Technologies shares last traded at GBX 216.10 ($2.83), with a volume of 50,404 shares trading hands.

Quartix Technologies Trading Down 0.2 %

The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 2.50. The firm's 50-day moving average is GBX 186.62 and its 200-day moving average is GBX 171.12. The firm has a market cap of £95.67 million, a price-to-earnings ratio of -124.38 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 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, sell-side analysts anticipate that Quartix Technologies plc will post 9.6330846 EPS for the current fiscal year.

Quartix Technologies Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 3rd will be paid a GBX 3 ($0.04) dividend. This is an increase from Quartix Technologies's previous dividend of $1.50. This represents a yield of 1.35%. The ex-dividend date is Thursday, April 3rd. Quartix Technologies's dividend payout ratio (DPR) is currently -188.75%.

About Quartix Technologies

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.