How Analysts Feel About Trakm8 Holdings PLC After Reaching 52-Week Low?

 How Analysts Feel About Trakm8 Holdings PLC After Reaching 52 Week Low?

The stock of Trakm8 Holdings PLC (LON:TRAK) hit a new 52-week low and has GBX 135.11 target or 14.00% below today’s GBX 157.10 share price. The 8 months bearish chart indicates high risk for the GBX 50.14M company. The 1-year low was reported on Nov, 10 by If the GBX 135.11 price target is reached, the company will be worth GBX 7.02 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 1.19% or GBX 1.9 on November 10, hitting GBX 157.1. About 65,567 shares traded hands. Trakm8 Holdings PLC (LON:TRAK) has declined 44.70% since April 11, 2016 and is downtrending. It has underperformed by 50.34% the S&P500.

More recent Trakm8 Holdings PLC (LON:TRAK) news were published by: which released: “Trakm8 Holdings PLC (TRAK.L)” on April 02, 2014. Also Fool.Co.Uk published the news titled: “Are Lloyds Banking Group plc And Trakm8 Holdings plc A Great Investing …” on November 13, 2015.‘s news article titled: “BRIEF-Trakm8 wins Allianz contracts to supply telematics devices” with publication date: July 04, 2016 was also an interesting one.

Trakm8 Holdings PLC is a Big Data company. The company has a market cap of 50.14 million GBP. The Company, through its subsidiaries, makes, distributes and sells telematics devices and services. It has a 15.49 P/E ratio. The Firm focusses on owning the intellectual property that it uses in its products and solutions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Related posts

Leave a Comment