Tracsis (LON:TRCS) Hits New 12-Month Low – What’s Next?

Tracsis plc (LON:TRCS) shares hit a new 52-week low on Wednesday . The stock traded as low as GBX 470 ($5.74) and last traded at GBX 480 ($5.86), with a volume of 68829 shares. The stock had previously closed at GBX 495 ($6.04).

Tracsis Stock Down 3.4 %

The stock’s fifty day moving average price is GBX 572.75 and its 200-day moving average price is GBX 617.18. The company has a market capitalization of £136.27 million, a price-to-earnings ratio of 2,993.33 and a beta of 0.82. The company has a quick ratio of 0.98, a current ratio of 1.78 and a debt-to-equity ratio of 3.29.

Tracsis Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 23rd will be given a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, January 23rd. This is a boost from Tracsis’s previous dividend of $1.10. This represents a yield of 0.2%. Tracsis’s dividend payout ratio is 1,333.33%.

Insider Activity at Tracsis

In related news, insider Christopher Matthew Barnes sold 3,806 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of GBX 533 ($6.51), for a total value of £20,285.98 ($24,769.21). Also, insider Tracy Sheedy purchased 950 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of GBX 530 ($6.47) per share, for a total transaction of £5,035 ($6,147.74). 3.59% of the stock is owned by company 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.