Tracsis (TRCS)

Sector:

Support

Index:

FTSE AIM All-Share

 777.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 830.00
  • 52 Week Low: 585.00
  • Currency: UK Pounds
  • Shares Issued: 28.82m
  • Volume: 30,194
  • Market Cap: £224.08m

Tracsis wins first major North American contract

By Michele Maatouk

Date: Wednesday 17 Aug 2016

LONDON (ShareCast) - (ShareCast News) - Tracsis has signed a "significant order" with a North American railroad operator for its Remote Condition Monitoring (RCM) technology, marking its first major contract in the region
Under the terms of the agreement, the initial order comprises the outright purchase of RCM hardware units, a software licence for the group's data aggregation and analysis tool Centrix, and various ancillary products.

The RCM units will be installed in the coming months across multiple geographic locations on the client's network.

The company, which provides software and services for the traffic data and transport industry, said the total order value is in excess of $0.4m and is expected to be fulfilled before the end of this year.

Chief executive officer John McArthur said: "We are delighted to have secured this significant order with a major class 1 operator having clearly demonstrated the business case and benefits of our remote condition monitoring technology.

"We are hopeful that this contract will lead to a further roll out across the client's network in the fullness of time and also act as a valuable reference case with other US rail customers."

At 0946 BST, shares were up 11.4% to 479p.

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Tracsis Market Data

Currency UK Pounds
Share Price 777.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 830.00
52 Week Low 585.00
Volume 30,194
Shares Issued 28.82m
Market Cap £224.08m

Tracsis Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.53% below the market average97.53% below the market average97.53% below the market average97.53% below the market average97.53% below the market average
91.23% below the sector average91.23% below the sector average91.23% below the sector average91.23% below the sector average91.23% below the sector average
Price Trend
78.37% above the market average78.37% above the market average78.37% above the market average78.37% above the market average78.37% above the market average
70.49% above the sector average70.49% above the sector average70.49% above the sector average70.49% above the sector average70.49% above the sector average
Income
92.12% below the market average92.12% below the market average92.12% below the market average92.12% below the market average92.12% below the market average
78.05% below the sector average78.05% below the sector average78.05% below the sector average78.05% below the sector average78.05% below the sector average
Growth
46.40% above the market average46.40% above the market average46.40% above the market average46.40% above the market average46.40% above the market average
45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tracsis Dividends

  Latest Previous
  Final Interim
Ex-Div 30-Jan-20 25-Apr-19
Paid 14-Feb-20 03-May-19
Amount 1.00p 0.80p

Trades for 26-Feb-2020

Time Volume / Share Price
16:05 2,500 @ 780.00p
16:02 1,000 @ 780.00p
16:01 2,219 @ 785.00p
15:48 1,300 @ 771.00p
14:11 5,000 @ 775.00p

Tracsis Key Personnel

CFO Max Cawthra
CEO Christopher Matthew Barnes

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