Transense Technologies (LON:TRT) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Posted by Stacy Sanders on Jan 26th, 2025

Transense Technologies plc (LON:TRT – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 161.52 ($2.02) and traded as low as GBX 155.50 ($1.94). Transense Technologies shares last traded at GBX 155.50 ($1.94), with a volume of 51,870 shares trading hands.

Transense Technologies Stock Down 1.3 %

The company has a current ratio of 5.17, a quick ratio of 2.95 and a debt-to-equity ratio of 7.26. The firm has a market cap of £23.67 million, a P/E ratio of 1,555.00 and a beta of 0.38. The company’s 50 day simple moving average is GBX 172.50 and its 200-day simple moving average is GBX 161.75.

Insider Activity

In other Transense Technologies news, insider Ryan Maughan purchased 3,025 shares of Transense Technologies stock in a transaction dated Wednesday, January 8th. The stock was purchased at an average price of GBX 165 ($2.06) per share, with a total value of £4,991.25 ($6,230.50). Insiders own 14.82% of the company’s stock.

Transense Technologies Company Profile

(Get Free Report)

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.