Transense Technologies (LON:TRT) Sets New 12-Month Low – Time to Sell?

Transense Technologies plc (LON:TRT) hit a new 52-week low on Wednesday . The stock traded as low as GBX 60 and last traded at GBX 61, with a volume of 20694 shares traded. The stock had previously closed at GBX 63.50.

Transense Technologies Trading Up 0.4%

The firm has a market capitalization of £9.51 million, a PE ratio of 11.49 and a beta of 0.38. The company has a debt-to-equity ratio of 14.22, a quick ratio of 2.95 and a current ratio of 4.43. The firm has a fifty day moving average of GBX 65.99 and a 200 day moving average of GBX 100.91.

Transense Technologies (LON:TRT) last released its quarterly earnings results on Tuesday, February 17th. The company reported GBX 0.02 earnings per share for the quarter. Transense Technologies had a return on equity of 12.05% and a net margin of 16.10%. Equities research analysts expect that Transense Technologies plc will post 11.0073382 EPS for the current year.

Insider Buying and Selling at Transense Technologies

In other news, insider Ryan Maughan purchased 14,113 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average cost of GBX 71 per share, with a total value of £10,020.23. Company insiders own 46.07% of the company’s stock.

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.