Previously writing on transport industries technology provider Tracsis (TRCS), in August as the shares rose to 640p I concluded that I continued to consider the valuation high at that juncture, based on the suggested numbers and continuing uncertainty, and thus still avoided. The shares previously closed at 658p, before today a trading update...
Transport industries technology provider Tracsis (TRCS) “is pleased to provide… trading update for the year ended 31 July 2020” – and the shares have currently responded to 640p, more than 11% higher...
Technology provider to the transport industry, Tracsis (TRCS) has updated including “trading since the commencement of the Covid-19 crisis has been better than originally expected”, though the shares are currently slightly lower towards 600p...
Transport technology and services company Tracsis (TRCS) has updated including “we expect the Rail Technology & Services division to have resilience as it derives most of its income from highly recurring product sales and we will continue to remain focused on the delivery of a number of large multi-year client contracts, with staff being able to work on development whilst at home. We do however”…
Provider of software and services for the traffic data and transportation industry, Tracsis (TRCS) has updated including, for its year ended 31st July 2018, adjusted profit “expected to be ahead of market expectations”. What does that mean in financial terms?...
Shares in traffic and rail software and services provider Tracsis (TRCS) have recently fallen back below 500p, but are currently rebounding on the back of a Trading Update…
Rail and traffic-focused technology and services company Tracsis (TRCS) has updated on a second half of its financial year ended 31st July 2017 “considerably stronger than the first half” and that “initiatives, our continued diversification, a good pipeline of M&A prospects, and anticipated industry momentum leaves the group well positioned as we enter the new financial year”. The shares have though currently responded unchanged at 440p. Hmmm…
Provider of software and services for the traffic data and transportation industry, Tracsis (TRCS) “is pleased to provide” a trading update for its half year ended 31st January 2017. Why then have the shares currently responded more than 13% lower, towards 400p?...
It would appear that as far as the present charting position of shares in Tracsis (TRCS) is concerned it can be seen how we have a stock which has been progressively more bullish in terms of the share price action momentum in the recent past.
What can be seen on the daily chart of Tracsis (TRCS) is the way that since the beginning of last year we have seen the shares in an accelerating rally, one which may be quite mature now, but looks to have legs nonetheless.
Shares in Tracsis plc (TRCS) - which provides software and technology-led products and services for the transportation industry - have been boosted to a current 330p following an announcement that, “following a successful initial period”, a five site pilot of the company’s ‘remote condition monitoring’ technology and associated software by “a major North American Class 1 Railroad” has now been extended to cover a further six sites in the US. However, with the shares up from sub 160p as recently as June 2013, is there more to come?
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