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Quartix Technologies (LON:QTX) Share Price Crosses Above 200-Day Moving Average - Here's Why

Quartix Technologies logo with Computer and Technology background

Quartix Technologies plc (LON:QTX) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 201.71 ($2.75) and traded as high as GBX 252 ($3.44). Quartix Technologies shares last traded at GBX 248.50 ($3.39), with a volume of 50,303 shares.

Quartix Technologies Trading Up 0.8%

The stock's fifty day simple moving average is GBX 243.92 and its 200-day simple moving average is GBX 202.67. The firm has a market cap of £121.46 million, a PE ratio of -157.92 and a beta of 1.04. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.29 and a quick ratio of 1.00.

About Quartix Technologies

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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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