Transense Technologies (LON:TRT) Sets New 1-Year Low – Time to Sell?

Transense Technologies plc (LON:TRT)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 44.25 and last traded at GBX 45.40, with a volume of 34904 shares traded. The stock had previously closed at GBX 45.50.

Transense Technologies Stock Down 0.2%

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 stock has a market cap of £6.91 million, a price-to-earnings ratio of 8.35 and a beta of 0.38. The business’s 50 day moving average is GBX 47.77 and its 200 day moving average is GBX 56.68.

Insider Activity at Transense Technologies

In other Transense Technologies news, insider Ryan Maughan purchased 16,654 shares of the stock in a transaction dated Monday, June 22nd. The shares were acquired at an average price of GBX 48 per share, for a total transaction of £7,993.92. 46.38% of the stock is currently owned by company 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.