Trakm8 (TRAK) Shares Up 20%

Trakm8 Holdings PLC (LON:TRAK) shares shot up 20% during trading on Thursday . The stock traded as high as GBX 21.70 ($0.28) and last traded at GBX 21.60 ($0.28). 124,167 shares changed hands during mid-day trading, an increase of 179% from the average session volume of 44,466 shares. The stock had previously closed at GBX 18 ($0.24).

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Trakm8 Company Profile (LON:TRAK)

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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