Transense Technologies (LON:TRT) Reaches New 52-Week Low – Time to Sell?

Transense Technologies plc (LON:TRT)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 46.15 and last traded at GBX 46.15, with a volume of 25573 shares. The stock had previously closed at GBX 47.50.

Transense Technologies Trading Down 2.8%

The company has a market capitalization of £7.02 million, a PE ratio of 8.48 and a beta of 0.38. The company has a debt-to-equity ratio of 10.90, a current ratio of 4.43 and a quick ratio of 2.95. The company’s fifty day moving average is GBX 49.01 and its 200-day moving average is GBX 58.26.

Insider Activity

In other Transense Technologies news, insider Ryan Maughan purchased 16,654 shares of Transense Technologies stock in a transaction on Monday, June 22nd. The stock was bought at an average cost of GBX 48 per share, with a total value of £7,993.92. 46.38% of the stock is currently 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.