Tracsis plc (LON:TRCS) to Issue Dividend Increase – GBX 1.30 Per Share

Tracsis plc (LON:TRCSGet Free Report) announced a dividend on Wednesday, November 20th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 23rd will be paid a dividend of GBX 1.30 ($0.02) per share on Friday, February 7th. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, January 23rd. This is an increase from Tracsis’s previous dividend of $1.10. The official announcement can be viewed at this link.

Tracsis Stock Up 0.7 %

TRCS opened at GBX 579 ($7.29) on Friday. The firm has a 50 day moving average price of GBX 601.08 and a 200 day moving average price of GBX 705.34. Tracsis has a 1 year low of GBX 481 ($6.06) and a 1 year high of GBX 980 ($12.34). 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 company has a market cap of £175.73 million, a PE ratio of 3,833.33 and a beta of 0.82.

Analyst Ratings Changes

Separately, Berenberg Bank decreased their price target on shares of Tracsis from GBX 1,245 ($15.67) to GBX 1,150 ($14.48) and set a “buy” rating for the company in a research report on Thursday, August 29th.

View Our Latest Stock Analysis on TRCS

About Tracsis

(Get Free Report)

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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Dividend History for Tracsis (LON:TRCS)

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