Tracsis (LON:TRCS) Stock Crosses Below 200-Day Moving Average – What’s Next?

Tracsis plc (LON:TRCS)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 377.88 and traded as low as GBX 306.50. Tracsis shares last traded at GBX 308.25, with a volume of 11,675 shares.

Tracsis Price Performance

The company has a debt-to-equity ratio of 2.73, a current ratio of 1.64 and a quick ratio of 0.98. The stock has a fifty day simple moving average of GBX 327.97 and a 200-day simple moving average of GBX 377.88. The company has a market capitalization of £91.70 million, a price-to-earnings ratio of 182.40 and a beta of 0.82.

About Tracsis

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.