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Tracsis – argues positive trading, but still precious little room for even minor disappointment?

Provider of technology and services to the rail, traffic data and wider transport industries Tracsis (TRCS) states that it is “pleased to provide” a trading update for its year ended 31st July 2022, with “group revenue is expected to have increased to c.£69.0m (2021: £50.2m)… expects adjusted EBITDA to be ahead of market expectations”. So what of a current approaching 4% higher share price response to 1050p?

EPIC TRCS
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Tracsis – argues “strong”, and anticipates further, recovery. Why are the shares lower?...

Tracsis (TRCS) states that it is “pleased to provide” a trading update for its year ended 31st July 2021, and it includes “a strong end of year recovery” and “anticipate further recovery in activity levels through Q1 of FY 21/22, supported by the recently announced Government-backed insurance scheme for the live events sector”. So why are the shares currently slightly lower in response, at 1020p?...

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