Tracsis plc (LON:TRCS - Get Free Report)'s stock price was up 14.4% on Monday . The company traded as high as GBX 360 ($4.66) and last traded at GBX 354 ($4.59). Approximately 160,308 shares traded hands during mid-day trading, an increase of 62% from the average daily volume of 98,870 shares. The stock had previously closed at GBX 309.31 ($4.01).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 1,150 ($14.90) price objective on shares of Tracsis in a research report on Wednesday, February 19th.
Check Out Our Latest Report on Tracsis
Tracsis Trading Down 0.8 %
The company has a current ratio of 1.64, a quick ratio of 0.98 and a debt-to-equity ratio of 2.73. The business's 50-day simple moving average is GBX 398.16 and its two-hundred day simple moving average is GBX 523.84. The company has a market capitalization of £113.02 million, a PE ratio of 229.89 and a beta of 0.82.
Tracsis Increases Dividend
The business also recently declared 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. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a dividend yield of 0.2%. Tracsis's dividend payout ratio (DPR) is presently 123.56%.
Insider Transactions 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 purchased at an average price of GBX 530 ($6.87) per share, with a total value of £5,035 ($6,522.02). Corporate insiders own 3.59% of the company's stock.
Tracsis Company Profile
(
Get Free Report)
Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytics/GIS services for the rail, traffic data and wider transport industries.
Tracsis's products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision making capabilities and improve the overall end-user experience for clients and customers.
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