Tracsis (LON:TRCS) Hits New 1-Year Low – Time to Sell?

Shares of Tracsis plc (LON:TRCS) hit a new 52-week low on Tuesday . The company traded as low as GBX 410 ($5.02) and last traded at GBX 420 ($5.14), with a volume of 47684 shares changing hands. The stock had previously closed at GBX 445 ($5.44).

Tracsis Trading Down 0.2 %

The stock has a market capitalization of £127.17 million, a price-to-earnings ratio of 2,793.33 and a beta of 0.82. The company has a current ratio of 1.78, a quick ratio of 0.98 and a debt-to-equity ratio of 3.29. The company has a fifty day moving average of GBX 549.84 and a two-hundred day moving average of GBX 605.17.

Tracsis Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 23rd will be given a GBX 1.30 ($0.02) dividend. This is a positive change from Tracsis’s previous dividend of $1.10. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a dividend yield of 0.2%. Tracsis’s dividend payout ratio (DPR) is currently 1,333.33%.

Insider Buying and Selling

In related news, insider Christopher Matthew Barnes sold 3,806 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.52), for a total transaction of £20,285.98 ($24,820.73). Also, insider Tracy Sheedy bought 950 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average price of GBX 530 ($6.48) per share, with a total value of £5,035 ($6,160.53). 3.59% of the stock is owned by insiders.

About Tracsis

Tracsis plc is a technology company and leading provider of software and hardware products, data capture and data analytic services for the rail, traffic data and wider transport industries. The Company’s products and services comprise two principal offerings: Rail Technology and Services, which includes the application of software development and licensing, remote condition monitoring technology, and associated operational and strategic consulting services; and Traffic and Data Services, which includes data capture, analysis and interpretation of traffic and pedestrian movement and demand volumes to aid with the planning, investment into, and operations of a transport environment.