Trakm8 (LON:TRAK) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Trakm8 Holdings PLC (LON:TRAK)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 6.37 ($0.08) and traded as low as GBX 4.75 ($0.06). Trakm8 shares last traded at GBX 4.95 ($0.06), with a volume of 1,600 shares changing hands.

Trakm8 Stock Up 4.2 %

The company has a market capitalization of £2.47 million, a price-to-earnings ratio of -165.00 and a beta of 0.70. The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 38.96. The firm has a 50 day moving average price of GBX 5.10 and a two-hundred day moving average price of GBX 6.37.

Trakm8 (LON:TRAK) last issued its quarterly earnings results on Thursday, December 5th. The company reported GBX 0.30 ($0.00) EPS for the quarter. Trakm8 had a negative return on equity of 6.53% and a negative net margin of 7.53%. As a group, sell-side analysts expect that Trakm8 Holdings PLC will post 4.2424242 earnings per share for the current year.

About Trakm8

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.