Tracsis (LON:TRCS) Sets New 1-Year Low – What’s Next?

Tracsis plc (LON:TRCS) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 410 ($5.02) and last traded at GBX 420 ($5.14), with a volume of 47684 shares trading hands. The stock had previously closed at GBX 445 ($5.45).

Tracsis Trading Down 5.6 %

The company has a quick ratio of 0.98, a current ratio of 1.78 and a debt-to-equity ratio of 3.29. The firm has a market capitalization of £127.47 million, a P/E ratio of 2,800.00 and a beta of 0.82. The firm’s 50-day simple moving average is GBX 565.15 and its 200-day simple moving average is GBX 610.18.

Tracsis Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 23rd will be given a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, January 23rd. This is a positive change from Tracsis’s previous dividend of $1.10. This represents a yield of 0.2%. Tracsis’s payout ratio is 1,333.33%.

Insider Activity at Tracsis

In other Tracsis news, insider Christopher Matthew Barnes sold 3,806 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 533 ($6.52), for a total transaction of £20,285.98 ($24,823.76). Also, insider Tracy Sheedy acquired 950 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average cost of GBX 530 ($6.49) per share, with a total value of £5,035 ($6,161.28). 3.59% of the stock is owned by insiders.

Tracsis Company Profile

Tracsis plc is a technology company and leading provider of software and hardware products, data capture and data analytic services for the rail, traffic data and wider transport industries. The Company’s products and services comprise two principal offerings: Rail Technology and Services, which includes the application of software development and licensing, remote condition monitoring technology, and associated operational and strategic consulting services; and Traffic and Data Services, which includes data capture, analysis and interpretation of traffic and pedestrian movement and demand volumes to aid with the planning, investment into, and operations of a transport environment.