Trackwise Designs (TWD)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 90.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 150.00
  • 52 Week Low: 60.50
  • Currency: UK Pounds
  • Shares Issued: 22.11m
  • Volume: 2,500
  • Market Cap: £20.01m

Trackwise shares surge on order from EV maker

By Josh White

Date: Monday 24 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Printed circuit technology company Trackwise Designs has secured its first production order for its flexible printed circuit technology, 'Improved Harness Technology', for delivery in 2020, it announced on Monday.
The AIM-traded firm said the initial order, in support of start of vehicle production, worth around ?0.6m, followed successful funded development activities last year for the UK-based designer and manufacturer of electric vehicles.

It said IHT was being used for both HV and LV circuits in the vehicles' batteries, reducing the part count, assembly time, and saving on space and weight.

"The electric vehicle industry is one of a number of growth markets for Trackwise, and we are delighted to have been selected by an innovator in the field," said chief executive officer Philip Johnston.

"Following successful development work last year, we are pleased to receive our first start of production order for IHT, the next step towards series production of IHT at scale."

At 1452 GMT, shares in Trackwise Designs were up 20.22% at 110p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TWD Market Data

Currency UK Pounds
Share Price 90.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 150.00
52 Week Low 60.50
Volume 2,500
Shares Issued 22.11m
Market Cap £20.01m

TWD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.13% below the market average42.13% below the market average42.13% below the market average42.13% below the market average42.13% below the market average
17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average
Price Trend
13.69% above the market average13.69% above the market average13.69% above the market average13.69% above the market average13.69% above the market average
10% below the sector average10% below the sector average10% below the sector average10% below the sector average10% below the sector average
Income Not Available
Growth
5.76% below the market average5.76% below the market average5.76% below the market average5.76% below the market average5.76% below the market average
10.53% below the sector average10.53% below the sector average10.53% below the sector average10.53% below the sector average10.53% below the sector average

TWD Dividends

No dividends found

Trades for 03-Jul-2020

Time Volume / Share Price
13:15 2,500 @ 93.00p

TWD Key Personnel

CEO Philip Johnston
CFO Mark Hodgkins

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