Tracsis (LON:TRCS) Hits New 1-Year Low – Here’s Why

Tracsis plc (LON:TRCS) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 410 ($5.06) and last traded at GBX 418 ($5.16), with a volume of 23261 shares. The stock had previously closed at GBX 430 ($5.31).

Tracsis Stock Performance

The firm’s fifty day simple moving average is GBX 529.67 and its 200 day simple moving average is GBX 596.97. The company has a market capitalization of £126.86 million, a price-to-earnings ratio of 2,786.67 and a beta of 0.82. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.78 and a quick ratio of 0.98.

Tracsis (LON:TRCS) last announced its earnings results on Wednesday, November 20th. The company reported GBX 25.51 ($0.32) earnings per share (EPS) for the quarter. Tracsis had a net margin of 5.89% and a return on equity of 7.13%. On average, sell-side analysts forecast that Tracsis plc will post 38.5149202 EPS for the current year.

Tracsis Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 7th. Shareholders 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 positive change from Tracsis’s previous dividend of $1.10. This represents a yield of 0.2%. Tracsis’s dividend payout ratio (DPR) is presently 1,333.33%.

Insider Activity

In related news, 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 ($6.58), for a total transaction of £20,285.98 ($25,056.79). Also, insider Tracy Sheedy bought 950 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was purchased at an average cost of GBX 530 ($6.55) per share, for a total transaction of £5,035 ($6,219.12). 3.59% of the stock is owned by corporate insiders.

About Tracsis

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.