Quartix Technologies plc (LON:QTX) issued its quarterly earnings results on Wednesday. The company reported GBX 13.18 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Quartix Technologies had a return on equity of 25.90% and a net margin of 15.51%.
Quartix Technologies Price Performance
Shares of Quartix Technologies stock traded up GBX 35.20 on Wednesday, hitting GBX 247.20. 114,629 shares of the company were exchanged, compared to its average volume of 54,085. The stock has a market capitalization of £119.72 million, a price-to-earnings ratio of 22.72 and a beta of 0.59. The company has a 50-day moving average price of GBX 279.70 and a 200 day moving average price of GBX 280.74. Quartix Technologies plc has a 1-year low of GBX 180 and a 1-year high of GBX 340. The company has a quick ratio of 1.00, a current ratio of 1.60 and a debt-to-equity ratio of 3.62.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 330 target price on shares of Quartix Technologies in a research note on Friday, January 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 330.
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. Fleet managers from many sectors benefit from the tracking services provided.
Further Reading
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