Quartix Technologies (LON:QTX) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

Quartix Technologies plc (LON:QTX) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 188.33 ($2.50) and traded as high as GBX 296 ($3.92). Quartix Technologies shares last traded at GBX 202 ($2.68), with a volume of 14,700 shares changing hands.

Quartix Technologies Stock Up 4.0 %

The company's 50-day moving average is GBX 191.81 and its 200 day moving average is GBX 173.31. The stock has a market capitalization of £101.68 million, a PE ratio of -132.20 and a beta of 1.04. The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 2.50.

Quartix Technologies (LON:QTX - Get Free Report) last issued its quarterly 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%. As a group, analysts anticipate that Quartix Technologies plc will post 9.6330846 EPS for the current year.

Quartix Technologies Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 3rd will be given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 1.35%. This is a boost from Quartix Technologies's previous dividend of $1.50. Quartix Technologies's payout ratio is currently -188.75%.

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.