ReposiTrak (NYSE:TRAK) Releases Earnings Results

ReposiTrak (NYSE:TRAK) released its quarterly earnings data on Monday. The company reported $0.11 earnings per share for the quarter, Zacks reports. ReposiTrak had a net margin of 30.75% and a return on equity of 14.44%.

ReposiTrak Trading Down 0.6%

Shares of TRAK stock traded down $0.05 during trading hours on Monday, hitting $8.18. 68,621 shares of the company were exchanged, compared to its average volume of 105,494. ReposiTrak has a 52 week low of $6.94 and a 52 week high of $17.18. The business has a 50 day moving average of $8.27 and a two-hundred day moving average of $8.67. The company has a market capitalization of $148.63 million, a PE ratio of 22.11 and a beta of 0.83.

ReposiTrak Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.08 annualized dividend and a dividend yield of 1.0%. ReposiTrak’s dividend payout ratio is currently 21.62%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of ReposiTrak from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

ReposiTrak Company Profile

ReposiTrak, Inc develops and operates a cloud-based supply chain management platform designed to improve product traceability, compliance and information exchange. Its technology connects retailers, wholesalers, distributors, manufacturers and suppliers, helping trading partners share standardized product, supplier and transaction data across complex supply chains.

The company’s offerings include the ReposiTrak Traceability Network and related compliance and supply chain applications. These tools support supplier onboarding, product and facility information management, food safety documentation, regulatory compliance, recall readiness and electronic tracking of products through the supply chain.