Berenberg Bank reissued their buy rating on shares of Tracsis (LON:TRCS – Free Report) in a research report released on Thursday morning,London Stock Exchange reports. The brokerage currently has a GBX 550 price objective on the stock.
Tracsis Stock Up 1.3%
TRCS stock opened at GBX 314 on Thursday. The firm’s 50-day simple moving average is GBX 319.43 and its 200 day simple moving average is GBX 332.71. Tracsis has a fifty-two week low of GBX 280 and a fifty-two week high of GBX 520. The stock has a market cap of £93.46 million, a PE ratio of 185.80 and a beta of 0.49. The company has a quick ratio of 0.98, a current ratio of 1.74 and a debt-to-equity ratio of 4.07.
Tracsis (LON:TRCS – Get Free Report) last issued its quarterly earnings data on Monday, February 16th. The company reported GBX 25.20 earnings per share (EPS) for the quarter. Tracsis had a net margin of 0.63% and a return on equity of 0.78%. As a group, sell-side analysts predict that Tracsis will post 38.5149202 EPS for the current year.
Tracsis Company Profile
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.
See Also
Receive News & Ratings for Tracsis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tracsis and related companies with MarketBeat.com's FREE daily email newsletter.
