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IN BRIEF: Quartix trading in line with market forecasts

23rd Mar 2021 16:41

Quartix Holdings PLC - vehicle tracking systems supplier - Saw trading in two months ended February 28 in line with market expectations for full-year. Says activity levels in fleet tracking unit increased in February after January hurt due to UK lockdown. "As such, management estimates that the group will achieve growth of 6% in the first quarter of the year," Quartix adds. In Insurance Telematics, activity levels lower due to "lack of driving tests in the current environment".

Current stock price: 559.00, up 9.6% on Tuesday

Year-to-date change: up 44%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Quartix Tech
FTSE 100 Latest
Value8,809.74
Change53.53