Tracsis (LON:TRCS) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Tracsis plc (LON:TRCSGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 354.11 and traded as low as GBX 320. Tracsis shares last traded at GBX 320, with a volume of 33,195 shares trading hands.

Tracsis Stock Performance

The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.98 and a current ratio of 1.64. The business’s fifty day moving average price is GBX 314.85 and its two-hundred day moving average price is GBX 354.11. The stock has a market capitalization of £95.20 million, a P/E ratio of 189.35 and a beta of 0.82.

About Tracsis

(Get Free Report)

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.

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