Quartix Technologies (LON:QTX) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Quartix Technologies plc (LON:QTX) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 164.80 ($2.08) and traded as low as GBX 161.20 ($2.03). Quartix Technologies shares last traded at GBX 165 ($2.08), with a volume of 20,297 shares traded.

Quartix Technologies Price Performance

The stock has a market capitalization of £79.84 million, a price-to-earnings ratio of -8,250.00 and a beta of 1.04. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.29 and a quick ratio of 1.00. The company has a 50-day simple moving average of GBX 163.08 and a two-hundred day simple moving average of GBX 165.11.

About Quartix Technologies

Quartix Technologies 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 offers vehicle tracking system for businesses; real-time vehicle tracking; driver timesheets; driver behavior report; vehicle tracking reports and dashboards; vehicle tracking alerts; customized tracking; fleet management tools; driver ID; vehicle cameras; and vehicle temperature monitoring devices, as well as integrated services for GPS vehicle tracking.