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An update from Tracsis ( (GB:TRCS) ) is now available.
Tracsis plc, a company listed on the London Stock Exchange, has executed a share buyback as part of its previously announced Buyback Programme. On July 10, 2025, Tracsis purchased 14,767 of its ordinary shares at a consistent price of 420 pence per share. These shares will be canceled, reducing the total number of shares in issue to 29,796,538, each with one voting right. This move is part of Tracsis’ strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:TRCS) stock is a Buy with a £550.00 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 displays solid financial fundamentals, though recent profitability and cash flow challenges need to be addressed. Technical indicators suggest potential bearish momentum, but the oversold RSI could indicate a rebound. Despite the high P/E ratio hinting at overvaluation, corporate events like leadership transition and share buybacks strongly support the score by indicating strategic growth and shareholder value enhancement.
To see Spark’s full report on GB:TRCS stock, click here.
More about Tracsis
Average Trading Volume: 117,473
Technical Sentiment Signal: Sell
Current Market Cap: £122.3M
See more data about TRCS stock on TipRanks’ Stock Analysis page.