Trakm8 (LON:TRAK) Stock Crosses Below 200-Day Moving Average – What’s Next?

Trakm8 Holdings PLC (LON:TRAKGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.07 ($0.09) and traded as low as GBX 4.52 ($0.06). Trakm8 shares last traded at GBX 4.52 ($0.06), with a volume of 687 shares.

Trakm8 Price Performance

The company has a fifty day simple moving average of GBX 6.23 and a two-hundred day simple moving average of GBX 7.07. The stock has a market capitalization of £2.37 million, a price-to-earnings ratio of -158.33 and a beta of 0.70. The company has a debt-to-equity ratio of 38.96, a quick ratio of 1.00 and a current ratio of 0.70.

Trakm8 Company Profile

(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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