Transense Technologies (LON:TRT) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Transense Technologies plc (LON:TRTGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 128.68 and traded as low as GBX 125. Transense Technologies shares last traded at GBX 125, with a volume of 90,472 shares changing hands.

Transense Technologies Stock Down 1.2%

The company has a debt-to-equity ratio of 7.26, a current ratio of 5.17 and a quick ratio of 2.95. The company has a market capitalization of £19.03 million, a price-to-earnings ratio of 13.84 and a beta of 0.38. The firm has a 50-day moving average price of GBX 126.01 and a two-hundred day moving average price of GBX 128.47.

About Transense Technologies

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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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