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Quartix Technologies (LON:QTX) Shares Cross Above 50-Day Moving Average - Time to Sell?

Quartix Technologies logo with Computer and Technology background

Quartix Technologies plc (LON:QTX) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 222.91 ($3.02) and traded as high as GBX 258 ($3.49). Quartix Technologies shares last traded at GBX 258 ($3.49), with a volume of 2,691 shares.

Quartix Technologies Price Performance

The business's 50-day simple moving average is GBX 224.90 and its two-hundred day simple moving average is GBX 190.53. The stock has a market cap of £124.13 million, a price-to-earnings ratio of -161.38 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.

Quartix Technologies (LON:QTX - Get Free Report) last released its 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%. Research analysts expect that Quartix Technologies plc will post 9.6330846 earnings per share for the current year.

About Quartix Technologies

(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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