Tracsis plc (LON:TRCS) to Issue GBX 1.10 Dividend

Tracsis plc (LON:TRCS) announced a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 1.10 ($0.01) per share on Friday, May 24th. This represents a yield of 0.13%. The ex-dividend date is Thursday, May 9th. The official announcement can be viewed at this link.

Tracsis Price Performance

Shares of LON TRCS opened at GBX 817 ($10.09) on Wednesday. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.52 and a quick ratio of 0.98. The business has a 50-day moving average of GBX 898.04 and a 200-day moving average of GBX 860.32. The stock has a market capitalization of £246.73 million, a price-to-earnings ratio of 3,840.91 and a beta of 0.73. Tracsis has a fifty-two week low of GBX 690 ($8.52) and a fifty-two week high of GBX 1,030 ($12.72).

Insider Buying and Selling

In related news, insider Andrew Kelly sold 9,165 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of GBX 920 ($11.36), for a total transaction of £84,318 ($104,147.73). In other Tracsis news, insider Andrew Kelly sold 9,165 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of GBX 920 ($11.36), for a total transaction of £84,318 ($104,147.73). Also, insider Christopher Matthew Barnes sold 2,237 shares of the stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of GBX 890 ($10.99), for a total value of £19,909.30 ($24,591.53). 4.13% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,295 ($16.00) target price on shares of Tracsis in a research note on Thursday, February 22nd.

Tracsis Company Profile

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.