Tracsis plc (LON:TRCS – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 520 ($6.75) and last traded at GBX 526 ($6.83), with a volume of 62566 shares trading hands. The stock had previously closed at GBX 550 ($7.14).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank dropped their price objective on Tracsis from GBX 1,245 ($16.16) to GBX 1,150 ($14.93) and set a “buy” rating on the stock in a research note on Thursday, August 29th.
Check Out Our Latest Analysis on TRCS
Tracsis Stock Performance
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.
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