Tracsis plc (LON:TRCS - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 544.93 ($6.87) and traded as low as GBX 270 ($3.40). Tracsis shares last traded at GBX 375 ($4.73), with a volume of 186,119 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,150 ($14.50) price target on shares of Tracsis in a report on Wednesday, February 19th.
Check Out Our Latest Research Report on Tracsis
Tracsis Stock Down 2.8 %
The stock has a market capitalization of £103.96 million, a price-to-earnings ratio of 211.45 and a beta of 0.82. The firm has a 50-day moving average of GBX 426.90 and a 200 day moving average of GBX 540.54. The company has a current ratio of 1.64, a quick ratio of 0.98 and a debt-to-equity ratio of 2.73.
Tracsis Increases Dividend
The company also recently announced a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 23rd were given 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 was Thursday, January 23rd. Tracsis's payout ratio is presently 123.56%.
Insider Activity at Tracsis
In other Tracsis news, insider Tracy Sheedy bought 950 shares of the business's stock in a transaction on Tuesday, December 17th. The shares were bought at an average cost of GBX 530 ($6.68) per share, with a total value of £5,035 ($6,346.91). Also, insider Christopher Matthew Barnes sold 3,806 shares of Tracsis stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.72), for a total transaction of £20,285.98 ($25,571.64). Company insiders own 3.59% of the company's stock.
About Tracsis
(
Get Free Report)
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.
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