Quartix Technologies’ (QTX) Buy Rating Reaffirmed at Canaccord Genuity Group

Posted by Scott Moore on Jul 30th, 2026

Quartix Technologies (LON:QTX)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a note issued to investors on Thursday,Digital Look reports. They currently have a GBX 330 target price on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 37.50% from the stock’s previous close.

Quartix Technologies Stock Performance

LON QTX remained flat at GBX 240 on Thursday. 16,787 shares of the company traded hands, compared to its average volume of 49,575. The stock has a market capitalization of £116.29 million, a P/E ratio of 18.22 and a beta of 0.89. Quartix Technologies has a fifty-two week low of GBX 206 and a fifty-two week high of GBX 340. The stock’s 50 day moving average is GBX 240.68 and its two-hundred day moving average is GBX 258.60. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.99 and a current ratio of 1.15.

Quartix Technologies (LON:QTX – Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The company reported GBX 5.52 EPS for the quarter. Quartix Technologies had a net margin of 17.87% and a return on equity of 23.66%. On average, analysts expect that Quartix Technologies will post 9.6330846 earnings per share for the current year.

Quartix Technologies Company Profile

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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.