Tracsis (LON:TRCS) Reaches New 12-Month Low – Time to Sell?

Shares of Tracsis plc (LON:TRCS) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 261 ($3.23) and last traded at GBX 360 ($4.46), with a volume of 137799 shares traded. The stock had previously closed at GBX 365 ($4.52).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 ($14.25) price target on shares of Tracsis in a report on Wednesday.

Tracsis Price Performance

The firm has a fifty day moving average of GBX 491.35 and a two-hundred day moving average of GBX 581.11. The stock has a market capitalization of £106.23 million, a P/E ratio of 2,333.33 and a beta of 0.82. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.78 and a quick ratio of 0.98.

Tracsis (LON:TRCS) last issued its quarterly earnings data on Wednesday, November 20th. The company reported GBX 25.51 ($0.32) earnings per share (EPS) for the quarter. Tracsis had a net margin of 5.89% and a return on equity of 7.13%. On average, analysts predict that Tracsis plc will post 38.5149202 EPS for the current year.

Tracsis Increases Dividend

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

Insider Buying and Selling at Tracsis

In related news, insider Christopher Matthew Barnes sold 3,806 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.61), for a total transaction of £20,285.98 ($25,140.64). Also, insider Tracy Sheedy purchased 950 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average price of GBX 530 ($6.57) per share, for a total transaction of £5,035 ($6,239.93). 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.