Transense Technologies (LON:TRT) Stock Price Down 1.4% – Here’s What Happened

Transense Technologies plc (LON:TRT)’s share price traded down 1.4% on Wednesday . The stock traded as low as GBX 177.46 ($2.23) and last traded at GBX 177.48 ($2.23). 13,069 shares changed hands during trading, a decline of 59% from the average session volume of 32,197 shares. The stock had previously closed at GBX 180 ($2.26).

Transense Technologies Stock Performance

The company has a debt-to-equity ratio of 7.26, a current ratio of 5.17 and a quick ratio of 2.95. The stock has a 50-day moving average price of GBX 172.38 and a 200-day moving average price of GBX 155.65. The firm has a market capitalization of £27.55 million, a PE ratio of 1,810.00 and a beta of 0.38.

Insider Transactions at Transense Technologies

In other Transense Technologies news, insider Ryan Maughan purchased 6,306 shares of Transense Technologies stock in a transaction dated Wednesday, October 9th. The shares were bought at an average cost of GBX 158 ($1.99) per share, for a total transaction of £9,963.48 ($12,521.65). Corporate insiders own 14.82% of the company’s stock.

Transense Technologies Company Profile

Transense Technologies plc develops and supplies specialist sensor systems. It operates through two segments: Translogik and SAWsense. The company offers tire inspection tools for vehicle fleet operators, tire suppliers, and service centers to measure and digitally capture safety-critical tire inspection data; radio frequency identification tags for asset tracking, as well as to prevent tire theft and cloning; and advanced sensor solutions for accurate non-contact measurement of torque, force, pressure and temperature for aerospace, electric motors and drives, industrial machinery, and high-performance automotive sectors.