Tracsis (LON:TRCS - Get Free Report) had its price objective dropped by stock analysts at Berenberg Bank from GBX 1,150 ($15.32) to GBX 550 ($7.33) in a research note issued to investors on Thursday, Marketbeat Ratings reports. The firm currently has a "buy" rating on the stock. Berenberg Bank's target price suggests a potential upside of 29.11% from the stock's current price.
Tracsis Stock Performance
Shares of LON:TRCS traded up GBX 36 ($0.48) during midday trading on Thursday, reaching GBX 426 ($5.68). 130,660 shares of the company traded hands, compared to its average volume of 101,776. Tracsis has a 12 month low of GBX 261 ($3.48) and a 12 month high of GBX 970 ($12.92). The firm's fifty day moving average price is GBX 351.03 and its two-hundred day moving average price is GBX 457.42. The company has a quick ratio of 0.98, a current ratio of 1.64 and a debt-to-equity ratio of 2.73. The firm has a market capitalization of £129.39 million, a price-to-earnings ratio of 263.19 and a beta of 0.82.
Tracsis (LON:TRCS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported GBX 7.79 ($0.10) EPS for the quarter. Tracsis had a net margin of 0.60% and a return on equity of 0.72%. On average, equities analysts expect that Tracsis will post 38.5149202 earnings per share for the current year.
About Tracsis
(
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Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytics/GIS services for the rail, traffic data and wider transport industries.
Tracsis's products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision making capabilities and improve the overall end-user experience for clients and customers.
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