Quartix Technologies (LON:QTX) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Quartix Technologies plc (LON:QTX) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 201.89 ($2.68) and traded as high as GBX 226 ($3.00). Quartix Technologies shares last traded at GBX 222.11 ($2.95), with a volume of 15,717 shares traded.

Quartix Technologies Price Performance

The stock has a market cap of £113.72 million, a P/E ratio of -147.85 and a beta of 1.04. The company's 50 day moving average price is GBX 206.04 and its 200-day moving average price is GBX 178.26. The company has a quick ratio of 1.00, a current ratio of 1.29 and a debt-to-equity ratio of 2.50.

Quartix Technologies (LON:QTX - Get Free Report) last posted its quarterly earnings data on Monday, March 3rd. The company reported GBX 9.85 ($0.13) earnings per share for the quarter. Quartix Technologies had a negative return on equity of 4.50% and a negative net margin of 2.45%. As a group, sell-side analysts expect that Quartix Technologies plc will post 9.6330846 earnings per share for the current year.

Quartix Technologies Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, April 3rd were paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date was Thursday, April 3rd. This represents a dividend yield of 1.35%. This is a positive change from Quartix Technologies's previous dividend of $1.50. Quartix Technologies's dividend payout ratio (DPR) is presently -188.75%.

About Quartix Technologies

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.