Tracsis (LON:TRCS) Hits New 12-Month Low – Time to Sell?

Tracsis plc (LON:TRCS)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 470 ($5.86) and last traded at GBX 480 ($5.99), with a volume of 68829 shares. The stock had previously closed at GBX 495 ($6.18).

Tracsis Stock Down 3.0 %

The company has a fifty day moving average price of GBX 575.52 and a 200-day moving average price of GBX 620.44. 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 capitalization of £145.68 million, a PE ratio of 3,200.00 and a beta of 0.82.

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 represents a yield of 0.2%. This is a positive change from Tracsis’s previous dividend of $1.10. Tracsis’s dividend payout ratio (DPR) is 1,333.33%.

Insider Transactions at Tracsis

In related news, insider Tracy Sheedy purchased 950 shares of Tracsis stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average price of GBX 530 ($6.61) per share, with a total value of £5,035 ($6,281.19). Also, insider Christopher Matthew Barnes sold 3,806 shares of Tracsis stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 533 ($6.65), for a total transaction of £20,285.98 ($25,306.86). Insiders own 3.59% of the company’s stock.

Tracsis Company Profile

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.