Tracsis (LON:TRCS) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Tracsis plc (LON:TRCSGet Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 323.11 and traded as high as GBX 330. Tracsis shares last traded at GBX 330, with a volume of 107,539 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 550 price target on shares of Tracsis in a report on Tuesday, April 28th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Tracsis has a consensus rating of “Buy” and an average target price of GBX 550.

View Our Latest Stock Analysis on Tracsis

Tracsis Trading Up 3.1%

The company has a market cap of £98.27 million, a PE ratio of 102.80 and a beta of 0.63. The stock’s 50 day moving average is GBX 337.44 and its 200-day moving average is GBX 323.11. The company has a quick ratio of 0.97, a current ratio of 1.90 and a debt-to-equity ratio of 6.14.

Tracsis (LON:TRCSGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported GBX 10.42 EPS for the quarter. Tracsis had a net margin of 1.16% and a return on equity of 1.51%. The business had revenue of GBX 3,893 million during the quarter. As a group, sell-side analysts anticipate that Tracsis plc will post 38.5149202 EPS for the current year.

Tracsis Company Profile

(Get Free Report)

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.

Further Reading

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