Trakm8 (LON:TRAK) Hits New 12-Month Low – What’s Next?

Trakm8 Holdings PLC (LON:TRAKGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 1.90 ($0.02) and last traded at GBX 1.90 ($0.02), with a volume of 1000 shares. The stock had previously closed at GBX 2.50 ($0.03).

Trakm8 Price Performance

The stock’s 50-day simple moving average is GBX 4.19 and its two-hundred day simple moving average is GBX 5.32. The company has a market capitalization of £1.07 million, a price-to-earnings ratio of -0.88 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.

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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