Tracsis (TRCS)

Sector:

Support

Index:

FTSE AIM All-Share

775.00p
   
  • Change Today:
    -55.00p
  • 52 Week High: 835.00
  • 52 Week Low: 585.00
  • Currency: UK Pounds
  • Shares Issued: 28.82m
  • Volume: 23,407
  • Market Cap: £223.36m

Tracsis hinges hopes for in-line FY on timely conversion of new sales

By Andrew Schonberg

Date: Wednesday 15 Feb 2017

LONDON (ShareCast) - (ShareCast News) - Shares in Tracsis fell more than 12% as it said its hopes for an in line full-year outcome hinged on the timely conversion of new sales for its various software products and services.
This would need to be supported by the initiatives to improve gross margin, which began at the start of the financial year.

"Delivery of these goals will result in revenues and profits being in line with current expectations and we will provide a further update with our Interim Results.

The group's strategy of growth via organic and acquisitive growth was unchanged, and so too did the key market drivers within the traffic and transport markets which remain positive.

Tracsis added that due to the timing of anticipated software sales and the high seasonality inherent in some parts of the group, the second half was expected to be significantly stronger than the first.

Group revenues for the six months to 31 January were up about £15.5m, from £13.1m. It anticipated EBITDA to be slightly ahead of the previous period, as was adjusted pretax profit.

At 12:52 GMT, shares in AIM-quoted Tracsis were down 12.9% to 405p each.

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Tracsis Market Data

Currency UK Pounds
Share Price 775.00p
Change Today -55.00p
% Change -6.63 %
52 Week High 835.00
52 Week Low 585.00
Volume 23,407
Shares Issued 28.82m
Market Cap £223.36m

Tracsis Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.19% below the market average97.19% below the market average97.19% below the market average97.19% below the market average97.19% 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
78.93% above the market average78.93% above the market average78.93% above the market average78.93% above the market average78.93% above the market average
75.41% above the sector average75.41% above the sector average75.41% above the sector average75.41% above the sector average75.41% above the sector average
Income
92.55% below the market average92.55% below the market average92.55% below the market average92.55% below the market average92.55% 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
46.22% above the market average46.22% above the market average46.22% above the market average46.22% above the market average46.22% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% 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 24-Feb-2020

Time Volume / Share Price
15:59 11,110 @ 789.42p
15:59 7,836 @ 785.00p
16:35 1,722 @ 775.00p
16:21 124 @ 799.10p
15:59 886 @ 781.00p

Tracsis Key Personnel

CFO Max Cawthra
CEO Christopher Matthew Barnes

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