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

Tracsis plc (LON:TRCS) shares reached a new 52-week low during trading on Friday . The stock traded as low as GBX 410 ($5.12) and last traded at GBX 418 ($5.22), with a volume of 23261 shares changing hands. The stock had previously closed at GBX 430 ($5.37).

Tracsis Trading Down 2.8 %

The company has a 50 day simple moving average of GBX 518.43 and a 200 day simple moving average of GBX 592.11. The company has a current ratio of 1.78, a quick ratio of 0.98 and a debt-to-equity ratio of 3.29. The stock has a market capitalization of £126.86 million, a PE ratio of 2,786.67 and a beta of 0.82.

Tracsis (LON:TRCS) last released its quarterly earnings results on Wednesday, November 20th. The company reported GBX 25.51 ($0.32) EPS for the quarter. Tracsis had a return on equity of 7.13% and a net margin of 5.89%. Analysts predict that Tracsis plc will post 38.5149202 earnings per share for the current fiscal year.

Tracsis Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 23rd will be issued a GBX 1.30 ($0.02) dividend. This is an increase 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 payout ratio is presently 1,333.33%.

Insider Buying and Selling

In other news, insider Christopher Matthew Barnes sold 3,806 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of GBX 533 ($6.65), for a total value of £20,285.98 ($25,322.66). Also, insider Tracy Sheedy acquired 950 shares of Tracsis stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average price of GBX 530 ($6.62) per share, with a total value of £5,035 ($6,285.11). 3.59% of the stock is currently owned by corporate insiders.

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.