Shares of Tracsis plc (LON:TRCS – Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 651 ($8.42) and last traded at GBX 654 ($8.46), with a volume of 191067 shares trading hands. The stock had previously closed at GBX 705 ($9.12).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,295 ($16.75) target price on shares of Tracsis in a research note on Wednesday, April 24th.
Check Out Our Latest Report on Tracsis
Tracsis Stock Down 7.2 %
Insider Activity
In other news, insider Ross Paterson acquired 929 shares of Tracsis stock in a transaction on Tuesday, April 30th. The stock was bought at an average cost of GBX 860 ($11.12) per share, with a total value of £7,989.40 ($10,332.90). Insiders own 4.14% of the company’s stock.
About Tracsis
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.
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