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Tracsis ( (GB:TRCS) ) has provided an announcement.
Tracsis has announced the expansion of its Tap&Pay smart ticketing app developed for ScotRail, following a successful pilot. The app, utilizing Tracsis’ Hopsta platform, offers seamless, ticket-free rail travel and promises best value fares, currently available for Strathclyde and Edinburgh routes. This development enhances consumer choice and is expected to improve the travel experience, although it’s in the early adoption phase and not expected to significantly impact FY25 revenue.
More about Tracsis
Tracsis plc is a technology company providing software, hardware products, data capture, and analytics services primarily for the rail, traffic data, and broader transport industries. Their offerings include solutions for efficiency, cost reduction, safety management, and improved customer experiences in rail technology and services, as well as data analytics and consultancy.
YTD Price Performance: -20.16%
Average Trading Volume: 48,776
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £127M
See more insights into TRCS stock on TipRanks’ Stock Analysis page.