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

Tracsis plc (LON:TRCS) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 346.91 and traded as low as GBX 310. Tracsis shares last traded at GBX 319.40, with a volume of 32,110 shares.

Tracsis Trading Down 0.8%

The firm has a market capitalization of £94.50 million, a PE ratio of 187.87 and a beta of 0.82. The company has a quick ratio of 0.98, a current ratio of 1.64 and a debt-to-equity ratio of 2.73. The stock’s fifty day simple moving average is GBX 311.67 and its 200 day simple moving average is GBX 346.91.

Tracsis (LON:TRCS) last issued its quarterly earnings results on Monday, February 16th. The company reported GBX 25.20 earnings per share for the quarter. Tracsis had a net margin of 0.60% and a return on equity of 0.72%. On average, sell-side analysts predict that Tracsis plc will post 38.5149202 earnings per share for the current year.

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.