Quartix Technologies (LON:QTX) Posts Quarterly Earnings Results

Quartix Technologies plc (LON:QTX) announced its quarterly earnings data on Monday. The company reported GBX 5.52 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Quartix Technologies had a return on equity of 23.66% and a net margin of 17.87%.

Quartix Technologies Stock Performance

Shares of QTX opened at GBX 244.67 on Tuesday. Quartix Technologies plc has a one year low of GBX 206 and a one year high of GBX 340. The company has a market cap of £118.55 million, a PE ratio of 18.58 and a beta of 0.89. The stock has a 50-day moving average of GBX 241.63 and a 200-day moving average of GBX 259.33. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.15 and a quick ratio of 0.99.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 330 target price on shares of Quartix Technologies in a report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Quartix Technologies presently has a consensus rating of “Buy” and an average target price 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.