Insider Selling: Tracsis plc (LON:TRCS) Insider Sells 10,334 Shares of Stock

Tracsis plc (LON:TRCSGet Rating) insider Christopher Matthew Barnes sold 10,334 shares of the stock in a transaction dated Wednesday, May 4th. The stock was sold at an average price of GBX 1,040 ($12.99), for a total transaction of £107,473.60 ($134,258.09).

Shares of LON:TRCS opened at GBX 1,052.50 ($13.15) on Thursday. The firm has a market cap of £310.91 million and a PE ratio of 134.94. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.58. Tracsis plc has a 52 week low of GBX 730 ($9.12) and a 52 week high of GBX 1,151 ($14.38). The firm’s fifty day moving average is GBX 980.54 and its 200-day moving average is GBX 979.19.

The company also recently declared a dividend, which will be paid on Friday, May 6th. Investors of record on Thursday, April 14th will be issued a dividend of GBX 0.90 ($0.01) per share. This represents a yield of 0.09%. The ex-dividend date is Thursday, April 14th.

Separately, Berenberg Bank initiated coverage on shares of Tracsis in a report on Friday, April 22nd. They issued a “buy” rating and a GBX 1,350 ($16.86) price target on the stock.

Tracsis Company Profile (Get Rating)

Tracsis plc, together with its subsidiaries, provides software and hardware products, and consultancy services for the rail 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 management, planning and delivery of work, remote condition monitoring and data acquisition, and asset virtualization/intelligent infrastructure/digital railway.

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