Tracsis (LON:TRCS) Reaches New 12-Month Low – Here’s What Happened

Shares of 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 changing hands. The stock had previously closed at GBX 430 ($5.31).

Tracsis Price Performance

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

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

Tracsis Increases Dividend

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

Insider Transactions at Tracsis

In other Tracsis news, insider Tracy Sheedy acquired 950 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average cost of GBX 530 ($6.55) per share, for a total transaction of £5,035 ($6,219.12). Also, insider Christopher Matthew Barnes sold 3,806 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.58), for a total value of £20,285.98 ($25,056.79). 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.