Insider Buying: Transense Technologies (LON:TRT) Insider Acquires 16,654 Shares

Transense Technologies plc (LON:TRT) insider Ryan Maughan purchased 16,654 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were acquired at an average cost of GBX 48 per share, with a total value of £7,993.92.

Transense Technologies Stock Down 13.5%

Shares of LON:TRT traded down GBX 7.62 on Monday, hitting GBX 48.63. 196,132 shares of the company’s stock were exchanged, compared to its average volume of 59,919. Transense Technologies plc has a 1-year low of GBX 47 and a 1-year high of GBX 163. The company has a market capitalization of £7.40 million, a PE ratio of 8.94 and a beta of 0.38. The company has a debt-to-equity ratio of 10.90, a quick ratio of 2.95 and a current ratio of 4.43. The firm’s 50-day moving average is GBX 59.92 and its 200 day moving average is GBX 82.81.

About Transense Technologies

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.