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Quartix Technologies (LON:QTX) Share Price Crosses Below 50-Day Moving Average - Here's What Happened

Quartix Technologies logo with Computer and Technology background

Quartix Technologies plc (LON:QTX) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 238.08 ($3.27) and traded as low as GBX 230 ($3.16). Quartix Technologies shares last traded at GBX 233 ($3.20), with a volume of 28,240 shares trading hands.

Quartix Technologies Stock Performance

The company has a debt-to-equity ratio of 2.50, a quick ratio of 1.00 and a current ratio of 1.29. The company has a market capitalization of £125.82 million, a P/E ratio of -163.58 and a beta of 1.04. The business's fifty day simple moving average is GBX 240.68 and its 200-day simple moving average is GBX 199.77.

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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