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Quartix Technologies (LON:QTX) Share Price Crosses Above 50 Day Moving Average - Here's Why

Quartix Technologies logo with Computer and Technology background

Key Points

  • Quartix Technologies (LON:QTX) stock price has crossed above its fifty-day moving average, reaching a high of GBX 307 ($4.10) before last trading at GBX 304.22 ($4.06).
  • The company reported a quarterly earnings per share (EPS) of GBX 5.52, with market analysts projecting an EPS of 9.63 for the current fiscal year.
  • Quartix Technologies has a current market cap of £147.26 million and a high price-to-earnings ratio of 2,794.67.
  • Interested in Quartix Technologies? Here are five stocks we like better.

Quartix Technologies plc (LON:QTX)'s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 277.08 ($3.70) and traded as high as GBX 307 ($4.10). Quartix Technologies shares last traded at GBX 304.22 ($4.06), with a volume of 8,377 shares.

Quartix Technologies Trading Down 1.0%

The company has a market cap of £147.26 million, a price-to-earnings ratio of 2,794.67 and a beta of 1.04. The business's fifty day moving average price is GBX 277.08 and its 200 day moving average price is GBX 245.46. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.29 and a quick ratio of 1.00.

Quartix Technologies (LON:QTX - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The company reported GBX 5.52 EPS for the quarter. Quartix Technologies had a negative net margin of 2.45% and a negative return on equity of 4.50%. Research analysts anticipate that Quartix Technologies plc will post 9.6330846 earnings per share for the current fiscal year.

Quartix Technologies Company Profile

(Get Free Report)

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.

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