Quartix Technologies (LON:QTX) Shares Pass Below 50-Day Moving Average – Here’s Why

Shares of Quartix Technologies plc (LON:QTX) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 163.67 ($2.03) and traded as low as GBX 155.20 ($1.92). Quartix Technologies shares last traded at GBX 155.20 ($1.92), with a volume of 468 shares traded.

Quartix Technologies Stock Performance

The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 2.50. The company has a market cap of £74.31 million, a PE ratio of -7,677.75 and a beta of 1.04. The firm’s 50-day simple moving average is GBX 163.73 and its two-hundred day simple moving average is GBX 164.90.

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.

Further Reading

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