Tracsis (LON:TRCS) Sets New 52-Week Low - Here's Why

Tracsis plc (LON:TRCS - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 410 ($5.12) and last traded at GBX 418 ($5.22), with a volume of 23261 shares trading hands. The stock had previously closed at GBX 430 ($5.37).

Tracsis Stock Performance

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 company has a fifty day moving average price of GBX 518.43 and a 200 day moving average price of GBX 592.11. The stock has a market cap of £126.86 million, a PE ratio of 2,786.67 and a beta of 0.82.

Tracsis (LON:TRCS - Get Free Report) last announced its quarterly earnings results on Wednesday, November 20th. The company reported GBX 25.51 ($0.32) EPS for the quarter. Tracsis had a return on equity of 7.13% and a net margin of 5.89%. Analysts expect that Tracsis plc will post 38.5149202 earnings per share for the current year.

Tracsis Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 23rd will be issued a dividend of GBX 1.30 ($0.02) per share. This is a positive change 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 currently 1,333.33%.

Insider Activity at Tracsis

In related news, insider Tracy Sheedy purchased 950 shares of the firm's stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average cost of GBX 530 ($6.62) per share, with a total value of £5,035 ($6,285.11). Also, insider Christopher Matthew Barnes sold 3,806 shares of the firm's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.65), for a total transaction of £20,285.98 ($25,322.66). 3.59% of the stock is owned by company insiders.

About Tracsis

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.