Berenberg Bank reaffirmed their buy rating on shares of Tracsis (LON:TRCS – Free Report) in a report released on Wednesday morning, MarketBeat reports. Berenberg Bank currently has a GBX 1,295 ($16.00) price target on the stock.
Tracsis Stock Performance
Tracsis stock opened at GBX 830 ($10.25) on Wednesday. The stock’s 50-day moving average is GBX 896.85 and its 200-day moving average is GBX 860.75. The company has a market cap of £250.66 million, a price-to-earnings ratio of 3,727.27 and a beta of 0.73. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.52 and a quick ratio of 0.98. Tracsis has a 12 month low of GBX 690 ($8.52) and a 12 month high of GBX 1,030 ($12.72).
Tracsis Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 24th. Stockholders 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 dividend yield of 0.13%. Tracsis’s dividend payout ratio (DPR) is 909.09%.
Insider Activity
Tracsis Company Profile
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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