Shares of Quartix Technologies plc (LON:QTX – Get Free Report) traded up 0.3% on Friday. The company traded as high as GBX 220 and last traded at GBX 215.74. 119,631 shares were traded during mid-day trading, an increase of 151% from the average session volume of 47,623 shares. The stock had previously closed at GBX 215.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 330 target price on shares of Quartix Technologies in a report on Thursday, July 30th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 330.
Check Out Our Latest Report on Quartix Technologies
Quartix Technologies Price Performance
The stock’s 50-day moving average is GBX 226.51 and its 200-day moving average is GBX 242.84. The firm has a market cap of £104.54 million, a P/E ratio of 17.71 and a beta of 0.88. The company has a quick ratio of 0.99, a current ratio of 1.12 and a debt-to-equity ratio of 1.51.
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. Fleet managers from many sectors benefit from the tracking services provided.
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