Tracsis (LON:TRCS) Share Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Tracsis shares fell below their 200-day moving average, trading as low as GBX 290 and last at GBX 304 versus the 200‑day MA of GBX 338.03 (50‑day MA GBX 318.06), a bearish technical signal.
• Valuation and profitability look stretched: the stock has a market cap of £90.48m and a P/E of 179.88 while reporting a net margin of just 0.63% and ROE of 0.78%, with a high debt‑to‑equity ratio of 4.07.

Tracsis plc (LON:TRCS - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 338.03 and traded as low as GBX 290. Tracsis shares last traded at GBX 304, with a volume of 49,563 shares.

Tracsis Price Performance

The stock has a market cap of £90.48 million, a price-to-earnings ratio of 179.88 and a beta of 0.49. The company has a 50 day simple moving average of GBX 318.06 and a 200-day simple moving average of GBX 338.03. The company has a current ratio of 1.74, a quick ratio of 0.98 and a debt-to-equity ratio of 4.07.

Tracsis (LON:TRCS - Get Free Report) last posted its quarterly earnings data on Monday, February 16th. The company reported GBX 25.20 earnings per share for the quarter. Tracsis had a return on equity of 0.78% and a net margin of 0.63%. Research analysts expect that Tracsis plc will post 38.5149202 EPS for the current year.

Tracsis Company Profile

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. The Group is split into two principal operating areas built around detailed industry knowledge and expertise: Rail Technology & Services: A software, technology and product led business.

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