Analysts at Canaccord Genuity Group started coverage on shares of Quartix Technologies (LON:QTX) in a report released on Tuesday,London Stock Exchange reports. The firm set a “buy” rating and a GBX 330 price target on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 26.92% from the stock’s current price.
Quartix Technologies Stock Performance
QTX traded down GBX 16 during trading on Tuesday, reaching GBX 260. 27,234 shares of the company’s stock were exchanged, compared to its average volume of 42,962. 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 stock has a market capitalization of £125.92 million, a P/E ratio of 23.90 and a beta of 1.04. The company’s fifty day simple moving average is GBX 287.03 and its 200-day simple moving average is GBX 261.61. Quartix Technologies has a 1 year low of GBX 147 and a 1 year high of GBX 322.90.
About Quartix Technologies
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.
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