Trakm8 (LON:TRAK) Reaches New 52-Week Low – Should You Sell?

Trakm8 Holdings PLC (LON:TRAKGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as GBX 5.25 ($0.07) and last traded at GBX 6.10 ($0.08), with a volume of 123330 shares trading hands. The stock had previously closed at GBX 6.50 ($0.08).

Trakm8 Stock Performance

The firm has a fifty day simple moving average of GBX 6.62 and a 200 day simple moving average of GBX 7.37. The company has a debt-to-equity ratio of 38.96, a current ratio of 0.70 and a quick ratio of 1.00. The company has a market cap of £3.05 million, a price-to-earnings ratio of -206.67 and a beta of 0.70.

Trakm8 Company Profile

(Get Free Report)

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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