Tracsis plc (LON:TRCS) to Issue GBX 1.10 Dividend

Tracsis plc (LON:TRCS) declared 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 yield of 0.13%. The ex-dividend date of this dividend is Thursday, May 9th. The official announcement can be accessed at this link.

Tracsis Price Performance

LON:TRCS opened at GBX 900.10 ($11.31) on Wednesday. The business’s 50-day moving average price is GBX 887.85 and its 200 day moving average price is GBX 869.59. The firm has a market cap of £272.01 million, a P/E ratio of 6,000.00 and a beta of 0.73. Tracsis has a 52-week low of GBX 690 ($8.67) and a 52-week high of GBX 1,030 ($12.94). The company has a quick ratio of 0.98, a current ratio of 1.78 and a debt-to-equity ratio of 3.29.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In related news, insider Andrew Kelly sold 9,165 shares of Tracsis stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 920 ($11.56), for a total value of £84,318 ($105,927.14). In related news, insider Andrew Kelly sold 9,165 shares of Tracsis stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 920 ($11.56), for a total value of £84,318 ($105,927.14). Also, insider Ross Paterson purchased 929 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The stock was bought at an average cost of GBX 860 ($10.80) per share, for a total transaction of £7,989.40 ($10,036.93). 4.15% of the stock is currently owned by company insiders.

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.