Trakm8 (LON:TRAK) Hits New 52-Week Low – Time to Sell?

Trakm8 Holdings PLC (LON:TRAK)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05), with a volume of 18530 shares traded. The stock had previously closed at GBX 4.50 ($0.06).

Trakm8 Stock Performance

The firm has a market cap of £2.00 million, a PE ratio of -133.33 and a beta of 0.70. The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 38.96. The company has a 50-day simple moving average of GBX 4.73 and a two-hundred day simple moving average of GBX 6.06.

Trakm8 (LON:TRAK) last issued its earnings results on Thursday, December 5th. The company reported GBX 0.30 ($0.00) earnings per share for the quarter. Trakm8 had a negative net margin of 7.53% and a negative return on equity of 6.53%. As a group, equities research analysts forecast that Trakm8 Holdings PLC will post 4.2424242 earnings per share for the current year.

About Trakm8

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.