Trakm8 (LON:TRAK) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Trakm8 Holdings PLC (LON:TRAKGet Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 6.83 ($0.08) and traded as low as GBX 4.60 ($0.06). Trakm8 shares last traded at GBX 4.60 ($0.06), with a volume of 3,858 shares changing hands.

Trakm8 Price Performance

The company has a market cap of £2.37 million, a price-to-earnings ratio of -158.33 and a beta of 0.70. The company’s 50 day moving average price is GBX 5.72 and its 200 day moving average price is GBX 6.83. The company has a current ratio of 0.70, a quick ratio of 1.00 and a debt-to-equity ratio of 38.96.

About Trakm8

(Get Free Report)

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.

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