Trakm8 (LON:TRAK) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Trakm8 Holdings PLC (LON:TRAK) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.87 ($0.07) and traded as low as GBX 4.75 ($0.06). Trakm8 shares last traded at GBX 4.98 ($0.06), with a volume of 20 shares changing hands.

Trakm8 Price Performance

The business has a fifty day moving average of GBX 4.67 and a 200 day moving average of GBX 5.87. The firm has a market cap of £2.81 million, a P/E ratio of -2.32 and a beta of 0.70. The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 38.96.

Trakm8 (LON:TRAK) last posted its quarterly earnings data on Thursday, December 5th. The company reported GBX 0.30 ($0.00) earnings per share for the quarter. Trakm8 had a negative return on equity of 6.52% and a negative net margin of 7.53%. On average, sell-side analysts anticipate that Trakm8 Holdings PLC will post 4.2424242 earnings per share for the current year.

About Trakm8

Trakm8 is a UK based technology leader in fleet management, insurance telematics, optimisation and dashboard camera systems. Through IP owned technology, the Group analyses data collected by its installed base of telematics units to fine tune the algorithms that are used to produce its telematics-based solutions; these score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.