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 stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of GBX 533 ($6.76), for a total value of £20,285.98 ($25,714.26).

Tracsis Trading Up 0.2 %

Shares of Tracsis stock opened at GBX 536 ($6.79) on Friday. The firm has a market capitalization of £162.68 million, a price-to-earnings ratio of 3,573.33 and a beta of 0.82. Tracsis plc has a fifty-two week low of GBX 481 ($6.10) and a fifty-two week high of GBX 980 ($12.42). The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.98 and a current ratio of 1.78. The stock has a 50 day moving average of GBX 588.88 and a 200 day moving average of GBX 672.13.

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 dividend of GBX 1.30 ($0.02) per share. This is a positive change from Tracsis’s previous dividend of $1.10. This represents a dividend yield of 0.2%. The ex-dividend date is Thursday, January 23rd. Tracsis’s dividend payout ratio (DPR) is currently 1,333.33%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price objective on Tracsis from GBX 1,245 ($15.78) to GBX 1,150 ($14.58) and set a “buy” rating for the company in a research 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.