Quartix Technologies (LON:QTX) Shares Up 3.3% – Still a Buy?

Quartix Technologies plc (LON:QTX) shares rose 3.3% during trading on Thursday . The stock traded as high as GBX 173.90 ($2.22) and last traded at GBX 172.50 ($2.20). Approximately 22,876 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 31,088 shares. The stock had previously closed at GBX 167 ($2.13).

Quartix Technologies Stock Performance

The company has a market capitalization of £83.47 million, a price-to-earnings ratio of -8,625.00 and a beta of 1.04. The firm has a fifty day simple moving average of GBX 162.12 and a 200 day simple moving average of GBX 164.13. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.29 and a quick ratio of 1.00.

About Quartix Technologies

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Quartix Technologies plc engages in the design, development, marketing, and delivery of vehicle telematics services in the United Kingdom, France, the United States, and the European Territories. The company offers vehicle tracking system for businesses; real-time vehicle tracking; driver timesheets; driver behavior report; vehicle tracking reports and dashboards; vehicle tracking alerts; customized tracking; fleet management tools; driver ID; vehicle cameras; and vehicle temperature monitoring devices, as well as integrated services for GPS vehicle tracking.

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