Transense Technologies (LON:TRT) Sets New 12-Month Low – What’s Next?

Transense Technologies plc (LON:TRTGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 47 and last traded at GBX 48, with a volume of 13990 shares trading hands. The stock had previously closed at GBX 47.50.

Transense Technologies Stock Performance

The stock has a market cap of £7.31 million, a price-to-earnings ratio of 8.82 and a beta of 0.38. The company has a current ratio of 4.43, a quick ratio of 2.95 and a debt-to-equity ratio of 10.90. The firm’s 50-day moving average is GBX 49.68 and its two-hundred day moving average is GBX 59.22.

Insider Transactions at Transense Technologies

In other news, insider Ryan Maughan purchased 16,654 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was acquired at an average price of GBX 48 per share, with a total value of £7,993.92. Insiders own 46.38% of the company’s stock.

Transense Technologies Company Profile

(Get Free Report)

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.

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