Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Tracsis ( (GB:TRCS) ) has issued an announcement.
Tracsis plc has signed a multi-year contract with the Rail Settlement Plan to implement a Tap Converter system for pay-as-you-go travel across National Rail in the UK. This contract aligns with the government’s vision to modernize rail travel and is expected to significantly enhance Tracsis’ market position by expanding their accredited ticketing platform beyond London. With expected deployment in 2026, the contract will provide a long-term revenue opportunity for Tracsis, driven by transaction volumes from commuter adoption.
More about Tracsis
Tracsis plc is a technology company specializing in software, hardware, data capture, and data analytics services for the rail, traffic data, and transport industries. Their products enhance efficiency, reduce costs and risks, and improve operational performance for clients ranging from transport owning groups to major event organizers in the UK and North America.
YTD Price Performance: -28.39%
Average Trading Volume: 59,653
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £108.5M
For a thorough assessment of TRCS stock, go to TipRanks’ Stock Analysis page.
