Tracsis (LON:TRCS) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Tracsis plc (LON:TRCS) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 346.91 and traded as low as GBX 310. Tracsis shares last traded at GBX 319.40, with a volume of 32,110 shares traded.

Tracsis Trading Down 0.8%

The stock has a 50 day moving average of GBX 311.67 and a 200-day moving average of GBX 346.91. The company has a market capitalization of £94.50 million, a P/E ratio of 187.87 and a beta of 0.82. The company has a current ratio of 1.64, a quick ratio of 0.98 and a debt-to-equity ratio of 2.73.

Tracsis (LON:TRCS) last released its earnings results on Monday, February 16th. The company reported GBX 25.20 EPS for the quarter. Tracsis had a net margin of 0.60% and a return on equity of 0.72%. On average, research analysts predict that Tracsis plc 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.