Transense Technologies (LON:TRT) Reaches New 12-Month Low – Here’s What Happened

Shares of Transense Technologies plc (LON:TRT) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 60 and last traded at GBX 61, with a volume of 20694 shares changing hands. The stock had previously closed at GBX 63.50.

Transense Technologies Stock Down 3.9%

The stock has a market cap of £9.28 million, a P/E ratio of 11.21 and a beta of 0.38. The firm has a 50 day simple moving average of GBX 66.18 and a two-hundred day simple moving average of GBX 101.46. The company has a debt-to-equity ratio of 14.22, a quick ratio of 2.95 and a current ratio of 4.43.

Transense Technologies (LON:TRT) last issued its quarterly earnings data on Tuesday, February 17th. The company reported GBX 0.02 earnings per share for the quarter. Transense Technologies had a net margin of 16.10% and a return on equity of 12.05%. Equities research analysts predict that Transense Technologies plc will post 11.0073382 earnings per share for the current year.

Insider Activity

In other news, insider Ryan Maughan acquired 14,113 shares of the stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of GBX 71 per share, for a total transaction of £10,020.23. 46.07% of the stock is owned by insiders.

Transense Technologies Company Profile

Transense is a developer of specialist wireless sensor systems used to enable real-time data gathering and monitoring. Products include the patent protected Surface Acoustic Wave (SAW) sensor technology, used to improve equipment power, performance, reliability and efficiency; iTrack, Transense’s Tyre Pressure Monitoring System, recently licensed to Bridgestone Corporation, the world’s largest tyre producer, under a ten-year deal; and a range of intelligent tyre monitoring equipment under the Translogik brand.