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

Shares of Transense Technologies plc (LON:TRT) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 44 and last traded at GBX 44.47, with a volume of 160178 shares trading hands. The stock had previously closed at GBX 44.50.

Transense Technologies Price Performance

The company has a market cap of £6.77 million, a PE ratio of 8.17 and a beta of 0.38. The stock has a fifty day moving average price of GBX 47.50 and a 200-day moving average price of GBX 56.13. The company has a debt-to-equity ratio of 10.90, a current ratio of 4.43 and a quick ratio of 2.95.

Insider Transactions at Transense Technologies

In other news, insider Ryan Maughan acquired 16,654 shares of Transense Technologies stock in a transaction that occurred on Monday, June 22nd. The stock was purchased 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.

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.