Trakm8 (LON:TRAK) Hits New 1-Year Low – Here’s Why

Trakm8 Holdings PLC (LON:TRAKGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 5.25 ($0.07) and last traded at GBX 6.10 ($0.08), with a volume of 123330 shares changing hands. The stock had previously closed at GBX 6.50 ($0.08).

Trakm8 Price Performance

The company has a fifty day simple moving average of GBX 6.62 and a two-hundred day simple moving average of GBX 7.37. The company has a debt-to-equity ratio of 38.96, a quick ratio of 1.00 and a current ratio of 0.70. The company has a market capitalization of £3.05 million, a price-to-earnings ratio of -206.67 and a beta of 0.70.

Trakm8 Company Profile

(Get Free Report)

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.

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