Transense Technologies (LON:TRT) Reaches New 1-Year Low – What’s Next?

Transense Technologies plc (LON:TRT) hit a new 52-week low on Thursday . The company traded as low as GBX 47 and last traded at GBX 49, with a volume of 14184 shares. The stock had previously closed at GBX 48.24.

Transense Technologies Trading Up 1.6%

The stock has a market cap of £7.46 million, a PE ratio of 9.01 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 has a fifty day simple moving average of GBX 58.97 and a two-hundred day simple moving average of GBX 81.37.

Insider Buying and Selling

In related news, insider Nigel Rogers purchased 12,500 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were purchased at an average price of GBX 58 per share, with a total value of £7,250. Also, insider Ryan Maughan acquired 16,654 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were bought at an average cost of GBX 48 per share, with a total value of £7,993.92. 46.27% of the stock is owned by insiders.

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.