Quartix Technologies (LON:QTX) Stock Price Passes Above 50 Day Moving Average of $485.60

Quartix Technologies Plc (LON:QTX)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 485.60 ($6.34) and traded as high as GBX 505 ($6.60). Quartix Technologies shares last traded at GBX 505 ($6.60), with a volume of 7,279 shares trading hands.

Separately, Shore Capital reiterated a “buy” rating on shares of Quartix Technologies in a report on Wednesday, July 21st.

The company’s 50 day simple moving average is GBX 485.60 and its 200 day simple moving average is GBX 492.60. The company has a debt-to-equity ratio of 4.38, a quick ratio of 0.98 and a current ratio of 1.10. The stock has a market cap of £244.21 million and a PE ratio of 84.17.

The firm also recently announced a dividend, which was paid on Friday, September 10th. Stockholders of record on Thursday, August 12th were issued a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 0.31%. The ex-dividend date was Thursday, August 12th. Quartix Technologies’s dividend payout ratio is presently 0.82%.

In other Quartix Technologies news, insider Laura Seffino sold 15,000 shares of Quartix Technologies stock in a transaction dated Thursday, August 19th. The shares were sold at an average price of GBX 470 ($6.14), for a total value of £70,500 ($92,108.70).

About Quartix Technologies (LON:QTX)

Quartix Holdings 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 operates in two segment, Total Fleet and Insurance. It offers vehicle tracking system for businesses, such as real-time vehicle tracking; driver timesheet report; driver behavior report; vehicle tracking reports and dashboards; vehicle tracking alerts; customized tracking; and fleet management solutions and services.

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