Tracsis (TRCS)

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Index:

FTSE AIM 100

673.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 830.00
  • 52 Week Low: 455.00
  • Currency: UK Pounds
  • Shares Issued: 29.11m
  • Volume: 15,822
  • Market Cap: £195.92m

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 673.00p
Change Today -2.00p
% Change -0.30 %
52 Week High 830.00
52 Week Low 455.00
Volume 15,822
Shares Issued 29.11m
Market Cap £195.92m

Tracsis Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.68% below the market average81.68% below the market average81.68% below the market average81.68% below the market average81.68% below the market average
63.3% below the sector average63.3% below the sector average63.3% below the sector average63.3% below the sector average63.3% below the sector average
Price Trend
66.37% above the market average66.37% above the market average66.37% above the market average66.37% above the market average66.37% above the market average
50.88% above the sector average50.88% above the sector average50.88% above the sector average50.88% above the sector average50.88% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
2.50% above the sector average2.50% above the sector average2.50% above the sector average2.50% above the sector average2.50% above the sector average
Growth
58.00% above the market average58.00% above the market average58.00% above the market average58.00% above the market average58.00% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

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 05-Jun-2020

Time Volume / Share Price
17:05 1,500 @ 673.00p
16:44 1,891 @ 671.80p
16:28 750 @ 674.00p
16:27 1,891 @ 671.80p
15:11 5,000 @ 676.00p

Tracsis Key Personnel

CFO Max Cawthra
CEO Christopher Matthew Barnes

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