Transense Technologies plc (LON:TRT – Get Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 47 and last traded at GBX 47.12, with a volume of 59010 shares. The stock had previously closed at GBX 47.50.
Transense Technologies Stock Performance
The business’s 50 day moving average is GBX 50.48 and its 200 day moving average is GBX 61.20. The stock has a market capitalization of £7.17 million, a PE ratio of 8.66 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.
Insider Transactions at Transense Technologies
In other Transense Technologies news, insider Ryan Maughan acquired 16,654 shares of the business’s stock in a transaction on Monday, June 22nd. The shares were bought at an average price of GBX 48 per share, with a total value of £7,993.92. 46.38% of the stock is currently 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.
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