Shares of Quartix Technologies plc (LON:QTX – Get Free Report) were up 0.3% on Friday. The company traded as high as GBX 220 and last traded at GBX 215.74. 119,631 shares were traded during mid-day trading, an increase of 151% from the average daily volume of 47,623 shares. The stock had previously closed at GBX 215.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 330 target price on shares of Quartix Technologies in a research report on Thursday, July 30th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 330.
View Our Latest Stock Analysis on QTX
Quartix Technologies Trading Up 0.3%
The stock’s fifty day moving average price is GBX 226.51 and its two-hundred day moving average price is GBX 242.84. The stock has a market capitalization of £104.54 million, a P/E ratio of 17.71 and a beta of 0.88. The company has a current ratio of 1.12, a quick ratio of 0.99 and a debt-to-equity ratio of 1.51.
About Quartix Technologies
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. Fleet managers from many sectors benefit from the tracking services provided.
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