Tracsis plc (LON:TRCS - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 860.32 ($10.63) and traded as low as GBX 831 ($10.26). Tracsis shares last traded at GBX 860 ($10.62), with a volume of 6,366 shares.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 1,295 ($16.00) target price on shares of Tracsis in a report on Thursday, February 22nd.
Read Our Latest Report on TRCS
Tracsis Trading Down 1.7 %
The firm has a market cap of £255.19 million, a P/E ratio of 3,796.59 and a beta of 0.73. The stock has a fifty day simple moving average of GBX 898.04 and a 200 day simple moving average of GBX 860.32. The company has a debt-to-equity ratio of 3.08, a quick ratio of 0.98 and a current ratio of 1.52.
Tracsis Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, February 9th. Investors of record on Thursday, January 25th were issued a GBX 1.20 ($0.01) dividend. The ex-dividend date was Thursday, January 25th. This represents a dividend yield of 0.17%. This is a positive change from Tracsis's previous dividend of $1.00. Tracsis's payout ratio is presently 909.09%.
Insider Buying and Selling
In related news, insider Christopher Matthew Barnes sold 2,237 shares of Tracsis stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of GBX 890 ($10.99), for a total transaction of £19,909.30 ($24,591.53). In related news, insider Christopher Matthew Barnes sold 2,237 shares of Tracsis stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of GBX 890 ($10.99), for a total transaction of £19,909.30 ($24,591.53). Also, insider Andrew Kelly sold 9,165 shares of Tracsis stock in a transaction on Monday, March 4th. The shares were sold at an average price of GBX 920 ($11.36), for a total value of £84,318 ($104,147.73). 4.13% of the stock is currently owned by corporate insiders.
About Tracsis
(
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Tracsis plc, together with its subsidiaries, provides software and hardware, data analytics/GIS services for the rail, traffic data, and transportation industry. The company operates in two segments, Rail Technology and Services; and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment provides a suite of operational software products covering timetabling, resource and rolling stock planning and optimization, real time performance and control, service recovery, retail services, incident management, retail services, and asset management; and infrastructure software services that include safety and risk management, data loggers and sensors, switch machines, track circuits, wiring and signalling systems, remote condition monitoring hardware and data acquisition, and asset optimisation and digital railway.
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