TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Tracsis ( (GB:TRCS) ) has provided an announcement.
Tracsis plc, a company listed on the London Stock Exchange, has executed a share buyback program as announced earlier in April 2025. The company purchased 4,394 of its ordinary shares at a consistent price of 400 pence per share, with plans to cancel these shares. This transaction will adjust the total voting rights to 29,749,508, which stakeholders can use for calculating their interests as per FCA regulations.
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 reflects strong financial stability and positive corporate events, such as strategic share buybacks and a new CEO appointment, aimed at enhancing shareholder value. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates possible overvaluation, which weigh down the score.
To see Spark’s full report on GB:TRCS stock, click here.
More about Tracsis
Average Trading Volume: 111,146
Technical Sentiment Signal: Sell
Current Market Cap: £119M
See more data about TRCS stock on TipRanks’ Stock Analysis page.