Tracsis (LON:TRCS) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Tracsis plc (LON:TRCS) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 629.14 ($7.82) and traded as low as GBX 497.50 ($6.18). Tracsis shares last traded at GBX 515 ($6.40), with a volume of 88,145 shares traded.

Tracsis Stock Down 2.0 %

The firm has a 50-day moving average price of GBX 575.81 and a two-hundred day moving average price of GBX 626.40. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.98 and a current ratio of 1.78. The firm has a market cap of £151.75 million, a price-to-earnings ratio of 3,333.33 and a beta of 0.82.

Tracsis Increases Dividend

The company also recently disclosed 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 is a positive change from Tracsis’s previous dividend of $1.10. The ex-dividend date is Thursday, January 23rd. This represents a dividend yield of 0.2%. Tracsis’s dividend payout ratio (DPR) is presently 1,333.33%.

Insider Activity

In other Tracsis news, insider Christopher Matthew Barnes sold 3,806 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.62), for a total transaction of £20,285.98 ($25,199.98). Also, insider Tracy Sheedy purchased 950 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were bought at an average price of GBX 530 ($6.58) per share, with a total value of £5,035 ($6,254.66). Company insiders own 3.59% of the company’s stock.

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.