Transense Technologies (LON:TRT) Stock Crosses Above 200 Day Moving Average of $129.32

Transense Technologies plc (LON:TRT) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 129.32 ($1.73) and traded as high as GBX 176 ($2.36). Transense Technologies shares last traded at GBX 165 ($2.21), with a volume of 93,139 shares changing hands.

Transense Technologies Price Performance

The firm has a 50-day simple moving average of GBX 154.76 and a two-hundred day simple moving average of GBX 129.69. The stock has a market cap of £27.40 million, a P/E ratio of 1,643.18 and a beta of 0.38. The company has a current ratio of 10.89, a quick ratio of 2.95 and a debt-to-equity ratio of 0.86.

Insiders Place Their Bets

In related news, insider Melvyn Segal purchased 4,761 shares of Transense Technologies stock in a transaction that occurred on Wednesday, July 31st. The shares were acquired at an average price of GBX 147 ($1.97) per share, with a total value of £6,998.67 ($9,371.55). Corporate insiders own 18.23% 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.