Tracsis ( (GB:TRCS) ) just unveiled an announcement.
Tracsis PLC has announced the total number of voting rights in the company, which stands at 30,374,682 ordinary shares, each carrying one vote. This information is crucial for shareholders to determine their interest or changes in their interest in the company’s share capital, in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Spark’s Take on GB:TRCS Stock
According to Spark, TipRanks’ AI Analyst, GB:TRCS is a Neutral.
Tracsis demonstrates strong financial health with a solid balance sheet and stable revenue, though recent declines in profitability and free cash flow growth pose challenges. Technically, the stock exhibits a bearish trend, and its high P/E ratio suggests overvaluation. However, corporate events, such as securing significant contracts, provide positive long-term growth prospects.
To see Spark’s full report on GB:TRCS stock, click here.
More about Tracsis
YTD Price Performance: -27.78%
Average Trading Volume: 107,849
Technical Sentiment Signal: Buy
Current Market Cap: £109.3M
Find detailed analytics on TRCS stock on TipRanks’ Stock Analysis page.