Tracsis (LON:TRCS) Earns "Buy" Rating from Berenberg Bank

Tracsis (LON:TRCS - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Berenberg Bank in a research note issued on Wednesday, Marketbeat.com reports. They currently have a GBX 1,150 ($14.53) price target on the stock. Berenberg Bank's price objective would suggest a potential upside of 172.51% from the company's current price.

Tracsis Stock Up 1.7 %

TRCS traded up GBX 7 ($0.09) on Wednesday, hitting GBX 422 ($5.33). The company had a trading volume of 91,525 shares, compared to its average volume of 85,629. The stock has a fifty day simple moving average of GBX 441.24 and a 200-day simple moving average of GBX 549.73. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.64 and a quick ratio of 0.98. The firm has a market capitalization of £128.18 million, a P/E ratio of 260.72 and a beta of 0.82. Tracsis has a 52-week low of GBX 261 ($3.30) and a 52-week high of GBX 972 ($12.28).

Tracsis (LON:TRCS - Get Free Report) last released its 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 0.72% and a net margin of 0.60%. As a group, equities analysts expect that Tracsis will post 38.5149202 EPS for the current fiscal year.

Insider Transactions at Tracsis

In other Tracsis news, insider Christopher Matthew Barnes sold 3,806 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.73), for a total value of £20,285.98 ($25,629.79). Also, insider Tracy Sheedy purchased 950 shares of Tracsis stock in a transaction dated Tuesday, December 17th. The shares were bought at an average price of GBX 530 ($6.70) per share, with a total value of £5,035 ($6,361.34). Insiders own 3.59% of the company's stock.

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.