Tracsis (LON:TRCS) Insider Buys £25,033.32 in Stock

Tracsis plc (LON:TRCS) insider Andrew Kelly acquired 7,132 shares of Tracsis stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average price of GBX 351 per share, with a total value of £25,033.32.

Tracsis Stock Down 0.0%

LON:TRCS traded down GBX 0.10 during midday trading on Monday, reaching GBX 340. 252,592 shares of the stock traded hands, compared to its average volume of 94,055. The stock has a market capitalization of £101.25 million, a PE ratio of 105.92 and a beta of 0.63. Tracsis plc has a 12-month low of GBX 280 and a 12-month high of GBX 435. The company has a debt-to-equity ratio of 6.14, a quick ratio of 0.97 and a current ratio of 1.90. The business has a 50-day moving average of GBX 331 and a two-hundred day moving average of GBX 325.66.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their target price on Tracsis from GBX 550 to GBX 575 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Tracsis presently has an average rating of “Buy” and a consensus price target of GBX 575.

Tracsis Company Profile

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.