Tracsis (LON:TRCS) Shares Up 14.4% – Here’s What Happened

Posted by Phillip Gast on Mar 10th, 2025

Tracsis plc (LON:TRCS – Get Free Report) shot up 14.4% during mid-day trading on Monday . The stock traded as high as GBX 360 ($4.65) and last traded at GBX 354 ($4.58). 160,308 shares were traded during mid-day trading, an increase of 62% from the average session volume of 98,870 shares. The stock had previously closed at GBX 309.31 ($4.00).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,150 ($14.87) target price on shares of Tracsis in a research report on Wednesday, February 19th.

Check Out Our Latest Stock Analysis on Tracsis

Tracsis Stock Up 14.4 %

The company has a market cap of £107.52 million, a P/E ratio of 218.71 and a beta of 0.82. The company has a 50-day simple moving average of GBX 409.78 and a 200 day simple moving average of GBX 531.39. The company has a current ratio of 1.64, a quick ratio of 0.98 and a debt-to-equity ratio of 2.73.

Tracsis Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 23rd were issued a GBX 1.30 ($0.02) dividend. The ex-dividend date was Thursday, January 23rd. This is a boost from Tracsis’s previous dividend of $1.10. This represents a dividend yield of 0.2%. Tracsis’s dividend payout ratio is presently 123.56%.

Insider Activity at Tracsis

In other news, insider Christopher Matthew Barnes sold 3,806 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 533 ($6.89), for a total transaction of £20,285.98 ($26,222.83). Also, insider Tracy Sheedy purchased 950 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was bought at an average price of GBX 530 ($6.85) per share, for a total transaction of £5,035 ($6,508.53). 3.59% of the stock is currently owned by company insiders.

Tracsis Company Profile

(Get Free Report)

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.