Tracsis (LON:TRCS) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Tracsis plc (LON:TRCSGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 320.66 and traded as high as GBX 360. Tracsis shares last traded at GBX 357.20, with a volume of 45,270 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 550 target price on shares of Tracsis in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 550.

View Our Latest Stock Analysis on Tracsis

Tracsis Stock Performance

The stock’s 50-day moving average is GBX 318.69 and its 200 day moving average is GBX 320.66. The stock has a market cap of £106.34 million, a price-to-earnings ratio of 111.28 and a beta of 0.62. The company has a debt-to-equity ratio of 6.14, a current ratio of 1.90 and a quick ratio of 0.98.

Tracsis (LON:TRCSGet Free Report) last issued its earnings results on Tuesday, April 28th. The company reported GBX 10.42 earnings per share (EPS) for the quarter. Tracsis had a return on equity of 1.51% and a net margin of 1.16%.The business had revenue of GBX 3,893 million during the quarter. As a group, analysts predict that Tracsis plc will post 38.5149202 earnings per share for the current fiscal year.

About Tracsis

(Get Free Report)

Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytics/GIS services for the rail, traffic data and wider transport industries.

Tracsis’s products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision making capabilities and improve the overall end-user experience for clients and customers.

The Group is split into two principal operating areas built around detailed industry knowledge and expertise:

Rail Technology & Services: A software, technology and product led business.

See Also

Receive News & Ratings for Tracsis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tracsis and related companies with MarketBeat.com's FREE daily email newsletter.