Trakm8 (LON:TRAK) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Trakm8 Holdings PLC (LON:TRAKGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5.66 ($0.07) and traded as low as GBX 4.50 ($0.06). Trakm8 shares last traded at GBX 4.50 ($0.06), with a volume of 28,000 shares.

Trakm8 Stock Down 56.8 %

The stock has a market capitalization of £1.15 million, a PE ratio of -0.95 and a beta of 0.70. The firm’s fifty day moving average is GBX 4.68 and its 200-day moving average is GBX 5.64. The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 38.96.

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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