Trakm8 (LON:TRAK) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Shares of Trakm8 Holdings PLC (LON:TRAKGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 6.83 ($0.08) and traded as low as GBX 4.60 ($0.06). Trakm8 shares last traded at GBX 4.60 ($0.06), with a volume of 3,858 shares changing hands.

Trakm8 Price Performance

The firm has a market cap of £2.37 million, a PE ratio of -158.33 and a beta of 0.70. The company has a current ratio of 0.70, a quick ratio of 1.00 and a debt-to-equity ratio of 38.96. The company has a 50 day moving average price of GBX 5.72 and a 200 day moving average price of GBX 6.83.

Trakm8 Company Profile

(Get Free Report)

Trakm8 is a UK based technology leader in fleet management, insurance telematics, optimisation and dashboard camera systems. Through IP owned technology, the Group analyses data collected by its installed base of telematics units to fine tune the algorithms that are used to produce its telematics-based solutions; these score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.

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