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The latest update is out from Tracsis ( (GB:TRCS) ).
Tracsis plc announced that the total number of ordinary shares in issue is 30,114,347, each carrying one vote, with no shares held in treasury. This information is crucial for shareholders to determine their reporting obligations under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:TRCS) stock is a Buy with a £1245.00 price target. To see the full list of analyst forecasts on Tracsis stock, see the GB:TRCS Stock Forecast page.
Spark’s Take on GB:TRCS Stock
According to Spark, TipRanks’ AI Analyst, GB:TRCS is a Neutral.
Tracsis shows a strong financial position supported by a robust balance sheet and positive technical indicators, suggesting potential upside. However, the high P/E ratio raises concerns about overvaluation, and recent declines in profitability pose risks. The ongoing share buyback program is a positive signal, enhancing the overall score.
To see Spark’s full report on GB:TRCS stock, click here.
More about Tracsis
Tracsis plc operates in the technology sector, providing software and services primarily focused on the transportation and traffic data industries. The company is known for its solutions that enhance the efficiency and performance of transport networks.
Average Trading Volume: 112,138
Technical Sentiment Signal: Sell
Current Market Cap: £139.2M
Find detailed analytics on TRCS stock on TipRanks’ Stock Analysis page.