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

Transense Technologies plc (LON:TRT) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 46.15 and last traded at GBX 46.15, with a volume of 25573 shares traded. The stock had previously closed at GBX 47.50.

Transense Technologies Price Performance

The company has a 50-day moving average price of GBX 48.63 and a two-hundred day moving average price of GBX 57.98. The company has a debt-to-equity ratio of 10.90, a current ratio of 4.43 and a quick ratio of 2.95. The company has a market cap of £7.08 million, a PE ratio of 8.55 and a beta of 0.38.

Insider Buying and Selling

In related news, insider Ryan Maughan purchased 16,654 shares of Transense Technologies stock in a transaction that occurred on Monday, June 22nd. The shares were purchased at an average cost of GBX 48 per share, with a total value of £7,993.92. Company insiders own 46.38% 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.