Tracsis (LON:TRCS) Posts Earnings Results

Tracsis (LON:TRCS) announced its earnings results on Tuesday. The company reported GBX 10.42 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 3,893 million during the quarter. Tracsis had a return on equity of 0.78% and a net margin of 0.63%.

Tracsis Price Performance

Shares of Tracsis stock opened at GBX 337 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 1.74 and a debt-to-equity ratio of 4.07. The company has a market cap of £100.30 million, a PE ratio of 199.41 and a beta of 0.62. The business has a 50 day moving average of GBX 316.87 and a 200 day moving average of GBX 322.27. Tracsis has a 52 week low of GBX 280 and a 52 week high of GBX 520.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 550 target price on shares of Tracsis in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 550.

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.