Shares of the Australian health-tech company Careteq saw a considerable leap of up to 18.2% to A$0.026, marking their highest point since September 15.

The increase sets the stage for their top day since September 11, provided the gains maintain.

Careteq announced the receipt of a 1,500-unit TEQ-Secure order from ADT New Zealand.

ADT New Zealand is a subsidiary of the Intelligent Monitoring Group.

TEQ-Secure is a personal safety pendant designed to ensure user safety, particularly for those working in the field.

Deliveries are scheduled to commence in early November, with addition to the platform expected in the following weeks.

Despite the recent spike, the stock has seen a 60.6% decrease this year, as of the last close.

Careteq is a health-tech company that specializes in personal safety products.