Quartix (LON:QTX) Given Corporate Rating at FinnCap

FinnCap reaffirmed their corporate rating on shares of Quartix (LON:QTX) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital restated a buy rating on shares of Quartix in a research note on Monday.

Shares of QTX stock opened at GBX 399 ($5.25) on Monday. The company has a debt-to-equity ratio of 2.93, a quick ratio of 1.00 and a current ratio of 1.12. Quartix has a 52-week low of GBX 238 ($3.13) and a 52-week high of GBX 430 ($5.66). The company has a market capitalization of $190.36 million and a PE ratio of 30.69. The business’s fifty day moving average is GBX 402.46 and its 200 day moving average is GBX 350.95.

The firm also recently declared a dividend, which will be paid on Friday, May 1st. Stockholders of record on Thursday, April 2nd will be given a dividend of GBX 10 ($0.13) per share. This represents a dividend yield of 2.36%. The ex-dividend date is Thursday, April 2nd. This is an increase from Quartix’s previous dividend of $2.40. Quartix’s dividend payout ratio (DPR) is 0.46%.

Quartix Company Profile

Quartix Holdings plc designs, develops, markets, and delivers vehicle telematics services in the United Kingdom, France, the Republic of Ireland, and the United States. It offers vehicle tracking devices, software, and services that provide real time vehicle tracking; timesheet reports; driving style reports; vehicle tracking reports and dashboards; fleet management; geofence that sends alerts when rules are broken; and customized tracking solutions and services.

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