David Frost Buys 7,131 Shares of Tracsis (LON:TRCS) Stock

Tracsis plc (LON:TRCS) insider David Frost purchased 7,131 shares of Tracsis stock in a transaction dated Monday, August 3rd. The shares were purchased at an average cost of GBX 351 per share, for a total transaction of £25,029.81.

Tracsis Trading Down 0.0%

Tracsis stock traded down GBX 0.10 during mid-day trading on Monday, hitting GBX 340. The company’s stock had a trading volume of 252,592 shares, compared to its average volume of 94,055. The firm has a market capitalization of £101.25 million, a PE ratio of 105.92 and a beta of 0.63. Tracsis plc has a 1 year low of GBX 280 and a 1 year high of GBX 435. The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 6.14. The stock’s fifty day moving average is GBX 331 and its two-hundred day moving average is GBX 325.66.

Analyst Ratings Changes

Separately, Berenberg Bank upped their price target on Tracsis from GBX 550 to GBX 575 and gave the company a “buy” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Tracsis presently has a consensus rating of “Buy” and a consensus target price of GBX 575.

About Tracsis

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.