Trakm8 (LON:TRAK) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Trakm8 Holdings PLC (LON:TRAKGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5.19 ($0.07) and traded as low as GBX 1.75 ($0.02). Trakm8 shares last traded at GBX 1.75 ($0.02), with a volume of 427 shares.

Trakm8 Stock Down 30.0 %

The company has a debt-to-equity ratio of 38.96, a quick ratio of 1.00 and a current ratio of 0.70. The firm’s 50-day moving average price is GBX 3.96 and its two-hundred day moving average price is GBX 5.19. The firm has a market cap of £983,882.81, a PE ratio of -0.81 and a beta of 0.70.

Trakm8 Company Profile

(Get Free Report)

Trakm8 is a UK based technology leader in fleet management, insurance telematics, optimisation and dashboard camera systems. Through IP owned technology, the Group analyses data collected by its installed base of telematics units to fine tune the algorithms that are used to produce its telematics-based solutions; these score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.

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