Tracsis (LON:TRCS) Hits New 1-Year Low - What's Next?

Shares of Tracsis plc (LON:TRCS - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 410 ($5.01) and last traded at GBX 420 ($5.13), with a volume of 47684 shares. The stock had previously closed at GBX 445 ($5.43).

Tracsis Stock Down 5.6 %

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

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 given a GBX 1.30 ($0.02) dividend. This is an increase from Tracsis's previous dividend of $1.10. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a dividend yield of 0.2%. Tracsis's dividend payout ratio is presently 1,333.33%.

Insider Transactions at Tracsis

In other news, insider Christopher Matthew Barnes sold 3,806 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 533 ($6.51), for a total transaction of £20,285.98 ($24,766.18). Also, insider Tracy Sheedy purchased 950 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average price of GBX 530 ($6.47) per share, with a total value of £5,035 ($6,146.99). 3.59% of the stock is owned by corporate 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.