Tracsis (LON:TRCS - Get Free Report)'s stock had its "buy" rating reaffirmed by research analysts at Berenberg Bank in a research note issued on Wednesday, MarketBeat.com reports. They currently have a GBX 1,295 ($16.00) price target on the stock. Berenberg Bank's target price would suggest a potential upside of 57.93% from the stock's current price.
Tracsis Trading Down 3.0 %
Shares of TRCS traded down GBX 25 ($0.31) during mid-day trading on Wednesday, reaching GBX 820 ($10.13). 61,681 shares of the company's stock traded hands, compared to its average volume of 42,183. The stock has a market cap of £247.64 million, a P/E ratio of 3,727.27 and a beta of 0.73. The stock's 50-day moving average is GBX 896.85 and its two-hundred day moving average is GBX 860.75. Tracsis has a 12 month low of GBX 690 ($8.52) and a 12 month high of GBX 1,030 ($12.72). The company has a debt-to-equity ratio of 3.08, a current ratio of 1.52 and a quick ratio of 0.98.
Insider Activity
In related news, insider Andrew Kelly sold 9,165 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of GBX 920 ($11.36), for a total value of £84,318 ($104,147.73). In related news, insider Andrew Kelly sold 9,165 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of GBX 920 ($11.36), for a total value of £84,318 ($104,147.73). Also, insider Christopher Matthew Barnes sold 2,237 shares of the stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of GBX 890 ($10.99), for a total value of £19,909.30 ($24,591.53). Insiders own 4.13% of the company's stock.
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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