Quartix Technologies (LON:QTX) Shares Cross Above 50-Day Moving Average – Should You Sell?
by Jessica Moore · The Cerbat GemShares of Quartix Technologies plc (LON:QTX) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 288.83 and traded as high as GBX 300. Quartix Technologies shares last traded at GBX 290, with a volume of 4,906 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 330 price target on shares of Quartix Technologies in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 330.
Check Out Our Latest Stock Analysis on QTX
Quartix Technologies Trading Down 2.0%
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 has a 50-day moving average price of GBX 288.83 and a 200-day moving average price of GBX 281.76. The company has a market capitalization of £140.45 million, a price-to-earnings ratio of 26.65 and a beta of 1.04.
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. Fleet managers from many sectors benefit from the tracking services provided.