Tracsis (LON:TRCS) Hits New 52-Week Low at $690.00

Tracsis plc (LON:TRCS) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 690 ($8.73) and last traded at GBX 690 ($8.73), with a volume of 104362 shares trading hands. The stock had previously closed at GBX 720 ($9.11).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,295 ($16.38) price objective on shares of Tracsis in a research report on Wednesday, April 24th.

Tracsis Trading Down 4.2 %

The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.98 and a current ratio of 1.78. The business has a 50-day simple moving average of GBX 870.12 and a two-hundred day simple moving average of GBX 890.04. The stock has a market cap of £209.07 million, a price-to-earnings ratio of 4,600.00 and a beta of 0.74.

Tracsis Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 24th. Shareholders of record on Thursday, May 9th were given a dividend of GBX 1.10 ($0.01) per share. This represents a yield of 0.13%. The ex-dividend date of this dividend was Thursday, May 9th. Tracsis’s dividend payout ratio (DPR) is currently 1,333.33%.

Insiders Place Their Bets

In related news, insider Ross Paterson acquired 929 shares of the company’s stock in a transaction dated Tuesday, April 30th. The shares were bought at an average price of GBX 860 ($10.88) per share, for a total transaction of £7,989.40 ($10,105.49). In related news, insider Ross Paterson acquired 929 shares of the company’s stock in a transaction dated Tuesday, April 30th. The shares were bought at an average price of GBX 860 ($10.88) per share, for a total transaction of £7,989.40 ($10,105.49). Also, insider Christopher Matthew Barnes sold 2,237 shares of the company’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of GBX 890 ($11.26), for a total value of £19,909.30 ($25,182.52). Insiders own 4.14% of the company’s stock.

About Tracsis

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.