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Tracsis Announces Total Voting Rights Update

Story Highlights
  • Tracsis plc operates in the technology sector, focusing on transportation and traffic management.
  • Tracsis announced 30,114,347 ordinary shares in issue, each with one vote, impacting shareholder interest calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tracsis Announces Total Voting Rights Update

Confident Investing Starts Here:

Tracsis ( (GB:TRCS) ) just unveiled an update.

Tracsis plc has 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 interest in the company’s share capital 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 management industries.

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.

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