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Tracsis – “high activity levels across large parts of the group”, but a share price fall?...

By Steve Moore | Tuesday 23 February 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

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…

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