Tracsis (LON:TRCS) Trading 14.3% Higher – Should You Buy?

Tracsis plc (LON:TRCSGet Free Report)’s share price rose 14.3% on Tuesday . The company traded as high as GBX 340 and last traded at GBX 340. Approximately 120,238 shares changed hands during mid-day trading, an increase of 42% from the average daily volume of 84,923 shares. The stock had previously closed at GBX 297.50.

Tracsis Price Performance

The company has a 50-day simple moving average of GBX 313.56 and a 200-day simple moving average of GBX 356.25. The stock has a market cap of £102.63 million, a PE ratio of 204.14 and a beta of 0.82. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.64 and a quick ratio of 0.98.

Tracsis Company Profile

(Get Free Report)

Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytics/GIS services for the rail, traffic data and wider transport industries.

Tracsis’s products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision making capabilities and improve the overall end-user experience for clients and customers.

The Group is split into two principal operating areas built around detailed industry knowledge and expertise:

Rail Technology & Services: A software, technology and product led business.

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