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Quartix – “pleased with the progress we have made so far in 2020”… but value?...

By Steve Moore | Thursday 22 October 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Vehicle tracking systems company Quartix (QTX) has updated including “we are pleased with the progress we have made so far in 2020, despite the impact of COVID-19 on our clients and markets. Our subscription base grew in each of our markets and now stands at more than 167,000 vehicles with recurring revenues of just under £22m” – and the shares have currently responded up to 340p…

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