Tracsis (TRCS)

Sector:

Support

Index:

FTSE AIM All-Share

590.00p
   
  • Change Today:
    -2.50p
  • 52 Week High: 695.00
  • 52 Week Low: 552.00
  • Currency: UK Pounds
  • Shares Issued: 28.78m
  • Volume: 7,051
  • Market Cap: £169.82m
  • Beta: 0.08

Tracsis secures 'significant' new contract

By Michele Maatouk

Date: Thursday 03 Jan 2019

LONDON (ShareCast) - (Sharecast News) - AIM-listed Tracsis has signed a "significant" five-year framework agreement with a "major" train-owning group for its TRACS Enterprise product.
The company, which provides software and services for the traffic data and transportation industry, said the agreement covers all of the operator's individual train operating companies within the UK plus other franchises that it may win in future.

The total potential value over the duration of the agreement is expected to be multi-million pounds although given the 'call off' nature of the agreement, the number of modules used and the specific timing of implementation - and therefore revenue - is difficult to forecast with certainty.

"However, the directors believe this is a key win for Tracsis that will lead to significant recurring revenue opportunities within the duration of the agreement and beyond," it said.

"For the avoidance of doubt, at this point in time there will be no change made to current year forecasts."

At 1100 GMT, the shares were up 3.4% at 615p.

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

 

Tracsis Market Data

Currency UK Pounds
Share Price 590.00p
Change Today -2.50p
% Change -0.42 %
52 Week High 695.00
52 Week Low 552.00
Volume 7,051
Shares Issued 28.78m
Market Cap £169.82m
Beta 0.08

Tracsis Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.07% below the market average98.07% below the market average98.07% below the market average98.07% below the market average98.07% below the market average
96.72% below the sector average96.72% below the sector average96.72% below the sector average96.72% below the sector average96.72% below the sector average
Price Trend
18.98% above the market average18.98% above the market average18.98% above the market average18.98% above the market average18.98% above the market average
25.98% above the sector average25.98% above the sector average25.98% above the sector average25.98% above the sector average25.98% above the sector average
Income
93.31% below the market average93.31% below the market average93.31% below the market average93.31% below the market average93.31% below the market average
82.02% below the sector average82.02% below the sector average82.02% below the sector average82.02% below the sector average82.02% below the sector average
Growth
76.08% above the market average76.08% above the market average76.08% above the market average76.08% above the market average76.08% above the market average
84.75% above the sector average84.75% above the sector average84.75% above the sector average84.75% above the sector average84.75% above the sector average

Tracsis Dividends

  Latest Previous
  Interim Final
Ex-Div 25-Apr-19 31-Jan-19
Paid 03-May-19 15-Feb-19
Amount 0.80p 0.90p

Trades for 18-Oct-2019

Time Volume / Share Price
14:41 2,700 @ 589.85p
11:12 6,207 @ 587.50p
10:44 2,461 @ 587.50p
10:44 3,746 @ 587.50p
10:32 750 @ 585.50p

Tracsis Key Personnel

CFO Max Cawthra
CEO Christopher Matthew Barnes

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