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

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

Transense Technologies Stock Performance

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 company has a market cap of £7.31 million, a PE ratio of 8.82 and a beta of 0.38. The firm’s 50-day simple moving average is GBX 58.42 and its two-hundred day simple moving average is GBX 80.67.

Insider Buying and Selling at Transense Technologies

In other news, insider Nigel Rogers bought 12,500 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were purchased at an average cost of GBX 58 per share, with a total value of £7,250. Also, insider Ryan Maughan bought 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 46.27% 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.