Tracy Sheedy Purchases 950 Shares of Tracsis plc (LON:TRCS) Stock

Tracsis plc (LON:TRCS) insider Tracy Sheedy purchased 950 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were purchased at an average price of GBX 530 ($6.66) per share, with a total value of £5,035 ($6,330.15).

Tracsis Stock Performance

LON TRCS opened at GBX 528 ($6.64) on Thursday. The company’s 50 day simple moving average is GBX 588.82 and its two-hundred day simple moving average is GBX 662.23. The stock has a market capitalization of £160.25 million, a PE ratio of 3,520.00 and a beta of 0.82. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.78 and a quick ratio of 0.98. Tracsis plc has a 1 year low of GBX 481 ($6.05) and a 1 year high of GBX 980 ($12.32).

Tracsis Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 23rd will be paid a dividend of GBX 1.30 ($0.02) per share. 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 yield of 0.2%. Tracsis’s dividend payout ratio (DPR) is currently 1,333.33%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their target price on shares of Tracsis from GBX 1,245 ($15.65) to GBX 1,150 ($14.46) and set a “buy” rating on the stock in a report 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.