Quartix (LON:QTX) Earns “Corporate” Rating from FinnCap

FinnCap reissued their corporate rating on shares of Quartix (LON:QTX) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital reiterated a buy rating on shares of Quartix in a report on Monday.

Shares of QTX stock opened at GBX 394.14 ($5.18) on Monday. The company has a debt-to-equity ratio of 2.93, a current ratio of 1.12 and a quick ratio of 1.00. The business’s 50 day simple moving average is GBX 401.76 and its 200 day simple moving average is GBX 350.66. Quartix has a one year low of GBX 238 ($3.13) and a one year high of GBX 430 ($5.66). The stock has a market capitalization of $188.04 million and a PE ratio of 30.32.

The firm also recently declared a dividend, which will be paid on Friday, May 1st. Stockholders of record on Thursday, April 2nd will be issued a GBX 10 ($0.13) dividend. This represents a dividend yield of 2.36%. This is an increase from Quartix’s previous dividend of $2.40. The ex-dividend date of this dividend is Thursday, April 2nd. Quartix’s dividend payout ratio is presently 0.46%.

Quartix Company Profile

Quartix Holdings plc designs, develops, markets, and delivers vehicle telematics services in the United Kingdom, France, the Republic of Ireland, and the United States. It offers vehicle tracking devices, software, and services that provide real time vehicle tracking; timesheet reports; driving style reports; vehicle tracking reports and dashboards; fleet management; geofence that sends alerts when rules are broken; and customized tracking solutions and services.

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