Quartix Technologies (LON:QTX) Stock Crosses Above 50 Day Moving Average – What’s Next?

Quartix Technologies plc (LON:QTX) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 178.73 ($2.31) and traded as high as GBX 222 ($2.87). Quartix Technologies shares last traded at GBX 215.56 ($2.79), with a volume of 82,284 shares trading hands.

Quartix Technologies Price Performance

The company has a market capitalization of £104.31 million, a price-to-earnings ratio of -135.62 and a beta of 1.04. 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 company has a 50 day moving average price of GBX 178.73 and a 200 day moving average price of GBX 167.

Quartix Technologies (LON:QTX) last announced its quarterly earnings data on Monday, March 3rd. The company reported GBX 9.85 ($0.13) EPS for the quarter. Quartix Technologies had a negative return on equity of 4.50% and a negative net margin of 2.45%. As a group, equities research analysts forecast that Quartix Technologies plc will post 9.6330846 earnings per share for the current year.

Quartix Technologies Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 1.35%. This is an increase from Quartix Technologies’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, April 3rd. Quartix Technologies’s payout ratio is -188.75%.

Quartix Technologies Company Profile

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.