Insider Buying: Tracsis plc (LON:TRCS) Insider Buys £5,035 in Stock

Tracsis plc (LON:TRCS) insider Tracy Sheedy bought 950 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was bought at an average price of GBX 530 ($6.66) per share, with a total value of £5,035 ($6,327.76).

Tracsis Price Performance

TRCS stock opened at GBX 520 ($6.54) on Friday. The stock has a market cap of £157.82 million, a PE ratio of 3,466.67 and a beta of 0.82. Tracsis plc has a 12 month low of GBX 481 ($6.04) and a 12 month high of GBX 980 ($12.32). The company has a 50-day moving average price of GBX 586.94 and a 200 day moving average price of GBX 655.68. The company has a current ratio of 1.78, a quick ratio of 0.98 and a debt-to-equity ratio of 3.29.

Tracsis Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 23rd will be paid a dividend of GBX 1.30 ($0.02) per share. This is a positive change from Tracsis’s previous dividend of $1.10. This represents a dividend yield of 0.2%. The ex-dividend date is Thursday, January 23rd. Tracsis’s dividend payout ratio (DPR) is currently 1,333.33%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price target on Tracsis from GBX 1,245 ($15.65) to GBX 1,150 ($14.45) and set a “buy” rating for the company in a research report on Thursday, August 29th.

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.