Ross Paterson Acquires 929 Shares of Tracsis plc (LON:TRCS) Stock

Tracsis plc (LON:TRCS - Get Free Report) insider Ross Paterson bought 929 shares of the firm's stock in a transaction dated Tuesday, April 30th. The shares were acquired at an average cost of GBX 860 ($10.80) per share, with a total value of £7,989.40 ($10,035.67).

Tracsis Stock Performance

LON TRCS remained flat at GBX 860 ($10.80) on Tuesday. The company's stock had a trading volume of 31,412 shares, compared to its average volume of 42,237. The firm has a 50-day simple moving average of GBX 889.97 and a 200 day simple moving average of GBX 863.36. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.52 and a quick ratio of 0.98. Tracsis plc has a 1 year low of GBX 690 ($8.67) and a 1 year high of GBX 1,030 ($12.94). The company has a market capitalization of £259.72 million, a P/E ratio of 3,886.36 and a beta of 0.73.

Tracsis Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, May 9th will be given a GBX 1.10 ($0.01) dividend. This represents a yield of 0.13%. The ex-dividend date is Thursday, May 9th. Tracsis's dividend payout ratio (DPR) is currently 909.09%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 1,295 ($16.27) price target on shares of Tracsis in a research note on Wednesday, April 24th.

Get Our Latest Report on Tracsis


About Tracsis

(Get Free Report)

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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