Trakm8 (LON:TRAK) Sets New 52-Week Low – Here’s Why

Trakm8 Holdings PLC (LON:TRAK)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05), with a volume of 18530 shares traded. The stock had previously closed at GBX 4.50 ($0.06).

Trakm8 Stock Performance

The company’s 50-day simple moving average is GBX 4.73 and its 200-day simple moving average is GBX 6.06. The stock has a market capitalization of £2.00 million, a price-to-earnings ratio of -133.33 and a beta of 0.70. The company has a current ratio of 0.70, a quick ratio of 1.00 and a debt-to-equity ratio of 38.96.

Trakm8 (LON:TRAK) last announced its earnings results on Thursday, December 5th. The company reported GBX 0.30 ($0.00) earnings per share (EPS) for the quarter. Trakm8 had a negative return on equity of 6.53% and a negative net margin of 7.53%. On average, analysts expect that Trakm8 Holdings PLC will post 4.2424242 EPS for the current year.

About Trakm8

Trakm8 is a UK based technology leader in fleet management, insurance telematics, optimisation and dashboard camera systems. Through IP owned technology, the Group analyses data collected by its installed base of telematics units to fine tune the algorithms that are used to produce its telematics-based solutions; these score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.