Tracsis (LON:TRCS) Sets New 1-Year Low - Time to Sell?

Tracsis plc (LON:TRCS - Get Free Report)'s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 470 ($5.81) and last traded at GBX 480 ($5.93), with a volume of 68829 shares changing hands. The stock had previously closed at GBX 495 ($6.12).

Tracsis Price Performance

The firm has a market cap of £145.68 million, a PE ratio of 3,200.00 and a beta of 0.82. The stock has a 50 day simple moving average of GBX 575.52 and a two-hundred day simple moving average of GBX 620.44. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.98 and a current ratio of 1.78.

Tracsis Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 23rd will be issued a GBX 1.30 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 23rd. This is an increase from Tracsis's previous dividend of $1.10. This represents a yield of 0.2%. Tracsis's payout ratio is presently 1,333.33%.

Insiders Place Their Bets

In related news, insider Christopher Matthew Barnes sold 3,806 shares of Tracsis stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.59), for a total value of £20,285.98 ($25,075.38). Also, insider Tracy Sheedy purchased 950 shares of the stock in a transaction on Tuesday, December 17th. The shares were acquired at an average price of GBX 530 ($6.55) per share, for a total transaction of £5,035 ($6,223.73). Insiders own 3.59% of the company's stock.

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.