Christopher Matthew Barnes Sells 3,806 Shares of Tracsis plc (LON:TRCS) Stock

Tracsis plc (LON:TRCS) insider Christopher Matthew Barnes sold 3,806 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 533 ($6.73), for a total value of £20,285.98 ($25,603.91).

Tracsis Price Performance

Shares of LON TRCS opened at GBX 535 ($6.75) on Friday. The stock has a market cap of £162.37 million, a P/E ratio of 3,566.67 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 stock has a 50 day moving average of GBX 588.95 and a two-hundred day moving average of GBX 669.46. Tracsis plc has a twelve month low of GBX 481 ($6.07) and a twelve month high of GBX 980 ($12.37).

Tracsis Increases Dividend

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on Tracsis from GBX 1,245 ($15.71) to GBX 1,150 ($14.51) and set a “buy” rating for the company in a research note on Thursday, August 29th.

About Tracsis

Tracsis plc, together with its subsidiaries, provides software and hardware, data analytics/GIS services for the rail, traffic data, and transportation industry. The company operates in two segments, Rail Technology and Services; and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment provides a suite of operational software products covering timetabling, resource and rolling stock planning and optimization, real time performance and control, service recovery, retail services, incident management, retail services, and asset management; and infrastructure software services that include safety and risk management, data loggers and sensors, switch machines, track circuits, wiring and signalling systems, remote condition monitoring hardware and data acquisition, and asset optimisation and digital railway.