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

Quartix Technologies plc (LON:QTX)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 163.67 ($2.05) and traded as low as GBX 155.20 ($1.94). Quartix Technologies shares last traded at GBX 155.20 ($1.94), with a volume of 468 shares trading hands.

Quartix Technologies Trading Down 0.5 %

The firm has a 50-day moving average price of GBX 163.67 and a 200-day moving average price of GBX 165.01. 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 stock has a market capitalization of £75.10 million, a PE ratio of -7,760.00 and a beta of 1.04.

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.

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