Tracsis (LON:TRCS) Announces Quarterly Earnings Results

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

Tracsis Price Performance

LON:TRCS opened at GBX 324.40 on Tuesday. Tracsis has a 12 month low of GBX 280 and a 12 month high of GBX 520. The stock has a 50 day moving average of GBX 316.77 and a two-hundred day moving average of GBX 322.53. The company has a current ratio of 1.74, a quick ratio of 0.98 and a debt-to-equity ratio of 4.07. The firm has a market cap of £96.55 million, a P/E ratio of 191.95 and a beta of 0.62.

Wall Street Analysts Forecast Growth

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