Transense Technologies plc (LON:TRT – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 47 and last traded at GBX 48, with a volume of 13990 shares. The stock had previously closed at GBX 47.50.
Transense Technologies Stock Performance
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 business has a 50-day moving average of GBX 49.34 and a 200-day moving average of GBX 58.57. The company has a market capitalization of £7.15 million, a P/E ratio of 8.64 and a beta of 0.38.
Insider Activity
In other news, insider Ryan Maughan purchased 16,654 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was 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.
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.
Recommended Stories
- Five stocks we like better than Transense Technologies
- Microsoft’s Sell-Off May Be a Gift, Not a Warning
- SK hynix Triggers $28B Defense Against Tech Selloff
- Coherent Stock Is Cooling Off Just as Its AI Thermal Opportunity Heats Up
- Moderna’s 177% Surge Has Investors Asking What Comes Next
Receive News & Ratings for Transense Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transense Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
