Tracsis plc (LON:TRCS) Insider Christopher Matthew Barnes Sells 3,806 Shares of Stock

Tracsis plc (LON:TRCS) insider Christopher Matthew Barnes sold 3,806 shares of the company’s stock in a transaction dated 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 Price Performance

Shares of Tracsis stock opened at GBX 536 ($6.79) on Friday. The business has a 50 day simple moving average of GBX 588.88 and a two-hundred day simple moving average of GBX 672.13. Tracsis plc has a 12 month low of GBX 481 ($6.10) and a 12 month high of GBX 980 ($12.42). The stock has a market capitalization of £162.68 million, a P/E ratio of 3,573.33 and a beta of 0.82. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.78 and a quick ratio of 0.98.

Tracsis Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 23rd will be issued a GBX 1.30 ($0.02) dividend. This represents a dividend yield of 0.2%. The ex-dividend date is Thursday, January 23rd. This is a boost from Tracsis’s previous dividend of $1.10. Tracsis’s dividend payout ratio (DPR) is currently 1,333.33%.

Wall Street Analyst Weigh In

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