Quartix Technologies (LON:QTX) Receives Buy Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Quartix Technologies (LON:QTX) in a report issued on Wednesday, Analyst Price Targets reports.

Shares of Quartix Technologies stock traded up GBX 4.50 ($0.06) during trading 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 debt-to-equity ratio of 4.47, a current ratio of 1.76 and a quick ratio of 1.54. The business’s fifty day moving average price is GBX 490.52. The firm has a market capitalization of £238.07 million and a P/E ratio of 50.26. Quartix Technologies has a 52 week low of GBX 305 ($3.98) and a 52 week high of GBX 580 ($7.58).

About Quartix Technologies

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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