Insider Buying: Tracsis plc (LON:TRCS) Insider Acquires 929 Shares of Stock

Tracsis plc (LON:TRCS - Get Free Report) insider Ross Paterson acquired 929 shares of the stock in a transaction dated Tuesday, April 30th. The stock was acquired at an average cost of GBX 860 ($10.80) per share, with a total value of £7,989.40 ($10,035.67).

Tracsis Price Performance

TRCS stock opened at GBX 860 ($10.80) on Wednesday. The company's 50 day simple moving average is GBX 888.67 and its 200-day simple moving average is GBX 864.22. The firm has a market capitalization of £259.72 million, a PE ratio of 3,909.09 and a beta of 0.73. Tracsis plc has a 12 month low of GBX 690 ($8.67) and a 12 month high of GBX 1,030 ($12.94). The company has a debt-to-equity ratio of 3.08, a current ratio of 1.52 and a quick ratio of 0.98.

Tracsis Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, May 9th will be paid a dividend of GBX 1.10 ($0.01) per share. This represents a dividend yield of 0.13%. The ex-dividend date is Thursday, May 9th. Tracsis's payout ratio is 909.09%.

Analyst Ratings Changes

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

Read Our Latest Analysis on TRCS

Tracsis Company Profile

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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.

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