T42 Iot Tracking Solutions NPV (TRAC)

Sector:

IT Services

Index:

FTSE AIM All-Share

3.75p
   
  • Change Today:
    -0.090p
  • 52 Week High: 7.00
  • 52 Week Low: 2.25
  • Currency: UK Pounds
  • Shares Issued: 55.13m
  • Volume: 389,292
  • Market Cap: £2.07m
  • RiskGrade: 1,622

Starcom wins three-year contract extension

By Frank Prenesti

Date: Wednesday 20 Jan 2016

LONDON (ShareCast) - (ShareCast News) - Starcom said it had won a three year extension to a contract with an unnamed international client for its Helios Hybrid tracking system.
The company, which makes wireless remote tracking and monitoring products, said the extension will begin from the end of January this year.

The first contract with the client followed a competitive tender and involved the supply of 100 units of the new Helios Hybrid unit.

Starcom will now provide and install a hybrid GPS satellite-GSM based vehicle fleet tracking system. The system will be a hybrid (a combination of GSM and GPS satellite-based communications systems) land mobile vehicle fleet tracking system that would comprise a central management console (or consoles) and is able to track up to a minimum of approximately 250 client units.

"Yet again we have proved that on an international level, our Helios Hybrid, with its 'always connected' satellite tracking technology, is preferred over our competition's products," said chief executive Avi Hartmann.

"Our client runs a large fleet of vehicles and we hope that orders will follow within the three year period of the contract."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TRAC Market Data

Currency UK Pounds
Share Price 3.75p
Change Today -0.090p
% Change -2.34 %
52 Week High 7.00
52 Week Low 2.25
Volume 389,292
Shares Issued 55.13m
Market Cap £2.07m
RiskGrade 1,622

TRAC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
20.43% below the sector average20.43% below the sector average20.43% below the sector average20.43% below the sector average20.43% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average

TRAC Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
14:00 7,327 @ 3.50p
14:00 2,451 @ 3.50p
14:00 4,876 @ 3.50p
12:49 58,200 @ 3.50p
11:31 100,000 @ 3.60p

TRAC Key Personnel

CEO Avraham (Avi) Hartmann
CFO Igor Vatenmacher

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