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

Shares of Tracsis plc (LON:TRCS) reached a new 52-week low during 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 traded. The stock had previously closed at GBX 720 ($9.11).

Analysts Set New Price Targets

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

Tracsis Price Performance

The company has a debt-to-equity ratio of 3.29, a current ratio of 1.78 and a quick ratio of 0.98. The company’s 50 day moving average is GBX 870.12 and its 200 day moving average is 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 business also recently disclosed a dividend, which was paid on Friday, May 24th. Investors of record on Thursday, May 9th were paid a GBX 1.10 ($0.01) dividend. This represents a dividend yield of 0.13%. The ex-dividend date of this dividend was Thursday, May 9th. Tracsis’s dividend payout ratio (DPR) is 1,333.33%.

Insider Activity at Tracsis

In related news, insider Ross Paterson acquired 929 shares of Tracsis stock in a transaction that occurred on Tuesday, April 30th. The stock was purchased at an average price of GBX 860 ($10.88) per share, for a total transaction of £7,989.40 ($10,105.49). In other Tracsis news, insider Ross Paterson bought 929 shares of the company’s stock in a transaction on Tuesday, April 30th. The stock was purchased at an average cost 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 firm’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of GBX 890 ($11.26), for a total transaction of £19,909.30 ($25,182.52). Company 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.