Trakm8 (LON:TRAK) Shares Down 36.8% – Should You Sell?

Shares of Trakm8 Holdings PLC (LON:TRAKGet Free Report) fell 36.8% during trading on Wednesday . The company traded as low as GBX 3 ($0.04) and last traded at GBX 3 ($0.04). 155,494 shares changed hands during mid-day trading, an increase of 425% from the average session volume of 29,621 shares. The stock had previously closed at GBX 4.75 ($0.06).

Trakm8 Price Performance

The company’s fifty day moving average is GBX 4.68 and its two-hundred day moving average is GBX 5.64. The company has a debt-to-equity ratio of 38.96, a quick ratio of 1.00 and a current ratio of 0.70. The firm has a market cap of £1.15 million, a price-to-earnings ratio of -0.95 and a beta of 0.70.

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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