Tracsis plc (LON:TRCS) Declares Dividend of GBX 1.10

Tracsis plc (LON:TRCS) announced a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 9th will be given a dividend of GBX 1.10 ($0.01) per share on Friday, May 24th. This represents a dividend yield of 0.13%. The ex-dividend date is Thursday, May 9th. The official announcement can be viewed at this link.

Tracsis Price Performance

Shares of TRCS stock opened at GBX 900.10 ($11.31) on Wednesday. The firm’s 50 day moving average price is GBX 887.85 and its two-hundred day moving average price is GBX 869.59. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.98 and a current ratio of 1.78. Tracsis has a 52-week low of GBX 690 ($8.67) and a 52-week high of GBX 1,030 ($12.94). The stock has a market cap of £272.01 million, a PE ratio of 6,000.00 and a beta of 0.73.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,295 ($16.27) price target on shares of Tracsis in a research report on Wednesday, April 24th.

Insider Transactions at Tracsis

In related news, insider Andrew Kelly sold 9,165 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of GBX 920 ($11.56), for a total value of £84,318 ($105,927.14). In other news, insider Andrew Kelly sold 9,165 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of GBX 920 ($11.56), for a total value of £84,318 ($105,927.14). Also, insider Christopher Matthew Barnes sold 2,237 shares of the company’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of GBX 890 ($11.18), for a total transaction of £19,909.30 ($25,011.68). Corporate insiders own 4.15% of the company’s stock.

Tracsis Company Profile

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.