Transense Technologies (LON:TRT) Hits New 1-Year Low – Time to Sell?

Transense Technologies plc (LON:TRT)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 44.25 and last traded at GBX 45.40, with a volume of 34904 shares changing hands. The stock had previously closed at GBX 45.50.

Transense Technologies Trading Up 1.3%

The stock has a market capitalization of £7.00 million, a PE ratio of 8.46 and a beta of 0.38. The company has a debt-to-equity ratio of 10.90, a quick ratio of 2.95 and a current ratio of 4.43. The company has a 50 day moving average of GBX 47.66 and a two-hundred day moving average of GBX 56.48.

Insider Transactions at Transense Technologies

In related news, insider Ryan Maughan purchased 16,654 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was acquired 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.

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.