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Tracsis ( (GB:TRCS) ) has provided an update.
Tracsis plc announced the total number of voting rights in the company as 29,732,116, with no shares held in treasury. This figure is essential for shareholders to determine their interest or changes in their interest in the company’s share capital, in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:TRCS) stock is a Buy with a £1340.00 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’ overall score is driven by solid financial fundamentals and positive corporate actions such as share buybacks and leadership changes. However, the high valuation and bearish technical indicators suggest caution. The company’s strong financial position provides a buffer against potential risks, but the high P/E ratio indicates the stock may be overvalued.
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 industry. The company specializes in offering solutions for traffic data collection, event planning, and rail operations optimization, catering to clients in the transportation and logistics markets.
Average Trading Volume: 87,835
Technical Sentiment Signal: Sell
Current Market Cap: £120.4M
See more data about TRCS stock on TipRanks’ Stock Analysis page.