Quartix Technologies (LON:QTX) Share Price Crosses Above 50 Day Moving Average - Should You Sell?

Quartix Technologies plc (LON:QTX) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 201.89 ($2.70) and traded as high as GBX 226 ($3.02). Quartix Technologies shares last traded at GBX 222.11 ($2.97), with a volume of 15,717 shares changing hands.

Quartix Technologies Stock Up 3.6 %

The company has a quick ratio of 1.00, a current ratio of 1.29 and a debt-to-equity ratio of 2.50. The company has a fifty day simple moving average of GBX 203.27 and a 200-day simple moving average of GBX 177.25. The firm has a market cap of £111.30 million, a P/E ratio of -144.71 and a beta of 1.04.

Quartix Technologies (LON:QTX - Get Free Report) last released its earnings results on Monday, March 3rd. The company reported GBX 9.85 ($0.13) EPS for the quarter. Quartix Technologies had a negative net margin of 2.45% and a negative return on equity of 4.50%. On average, equities analysts anticipate that Quartix Technologies plc will post 9.6330846 earnings per share for the current year.

Quartix Technologies Increases Dividend

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