Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An announcement from Tracsis ( (GB:TRCS) ) is now available.
Tracsis plc has executed a share buyback transaction as part of its previously announced Buyback Programme. On June 12, 2025, the company purchased 12,630 of its ordinary shares at a price of 507 pence each, with the intention to cancel these shares. This move will result in a total of 30,028,319 ordinary shares in issue, which will affect the voting rights and shareholding calculations for stakeholders.
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 Outperform.
Tracsis exhibits strong financial health and positive corporate actions like share buybacks, which are favorable. However, the high P/E ratio suggests overvaluation concerns. The bullish technical indicators provide a positive short-term outlook, but the overbought signals warrant caution.
To see Spark’s full report on GB:TRCS stock, click here.
More about Tracsis
Average Trading Volume: 110,985
Technical Sentiment Signal: Sell
Current Market Cap: £147.3M
For detailed information about TRCS stock, go to TipRanks’ Stock Analysis page.