Trakm8 (LON:TRAK) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Trakm8 Holdings PLC (LON:TRAKGet Free Report)’s stock price crossed 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 traded.

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 has a debt-to-equity ratio of 38.96, a current ratio of 0.70 and a quick ratio of 1.00. The firm has a 50-day moving average price of GBX 6.23 and a 200 day moving average price of GBX 7.07.

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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