Berenberg Bank reaffirmed their buy rating on shares of Tracsis (LON:TRCS – Free Report) in a research note released on Wednesday morning, MarketBeat Ratings reports. The firm currently has a GBX 1,295 ($16.00) target price on the stock.
Tracsis Stock Up 1.2 %
TRCS opened at GBX 830 ($10.25) on Wednesday. Tracsis has a twelve month low of GBX 690 ($8.52) and a twelve month high of GBX 1,030 ($12.72). The company has a quick ratio of 0.98, a current ratio of 1.52 and a debt-to-equity ratio of 3.08. The company has a 50-day moving average price of GBX 896.85 and a 200 day moving average price of GBX 860.75. The company has a market cap of £250.66 million, a PE ratio of 3,727.27 and a beta of 0.73.
Tracsis Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, May 9th will be issued a GBX 1.10 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a yield of 0.13%. Tracsis’s payout ratio is 909.09%.
Insider Activity
About Tracsis
Tracsis plc, together with its subsidiaries, provides software and hardware, data analytics/GIS services for the rail, traffic data, and transportation industry. The company operates in two segments, Rail Technology and Services; and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment provides a suite of operational software products covering timetabling, resource and rolling stock planning and optimization, real time performance and control, service recovery, retail services, incident management, retail services, and asset management; and infrastructure software services that include safety and risk management, data loggers and sensors, switch machines, track circuits, wiring and signalling systems, remote condition monitoring hardware and data acquisition, and asset optimisation and digital railway.
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