Quartix Technologies (LON:QTX) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Quartix Technologies plc (LON:QTX)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 164.80 ($2.08) and traded as low as GBX 161.20 ($2.03). Quartix Technologies shares last traded at GBX 165 ($2.08), with a volume of 20,297 shares trading hands.

Quartix Technologies Price Performance

The company has a debt-to-equity ratio of 2.50, a current ratio of 1.29 and a quick ratio of 1.00. The stock’s 50-day moving average is GBX 162.91 and its 200 day moving average is GBX 164.80. The company has a market cap of £79.84 million, a PE ratio of -8,250.00 and a beta of 1.04.

Quartix Technologies Company Profile

Quartix Technologies 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 offers vehicle tracking system for businesses; real-time vehicle tracking; driver timesheets; driver behavior report; vehicle tracking reports and dashboards; vehicle tracking alerts; customized tracking; fleet management tools; driver ID; vehicle cameras; and vehicle temperature monitoring devices, as well as integrated services for GPS vehicle tracking.