Quartix Technologies’ (QTX) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Quartix Technologies (LON:QTX) in a research note released on Wednesday, Analyst Ratings Network reports.

QTX traded up GBX 4.50 ($0.06) during trading hours on Wednesday, hitting GBX 492.50 ($6.43). The company’s stock had a trading volume of 17,633 shares, compared to its average volume of 136,186. The company has a current ratio of 1.76, a quick ratio of 1.54 and a debt-to-equity ratio of 4.47. The firm has a 50-day moving average of GBX 490.52. The firm has a market cap of £238.07 million and a PE ratio of 50.26. Quartix Technologies has a 12 month low of GBX 305 ($3.98) and a 12 month high of GBX 580 ($7.58).

Quartix Technologies Company Profile

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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