Transense Technologies (LON:TRT) Shares Down 1.4% – Should You Sell?

Transense Technologies plc (LON:TRT) fell 1.4% during mid-day trading 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 mid-day 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 Price Performance

The company has a market cap of £27.01 million, a price-to-earnings ratio of 1,774.77 and a beta of 0.38. 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 business has a 50-day moving average price of GBX 171.38 and a 200 day moving average price of GBX 155.07.

Insider Activity

In other Transense Technologies news, insider Ryan Maughan acquired 6,306 shares of Transense Technologies stock in a transaction that occurred on Wednesday, October 9th. The stock was purchased at an average cost of GBX 158 ($1.99) per share, with a total value of £9,963.48 ($12,526.38). 14.82% of the stock is currently owned by company insiders.

About Transense Technologies

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.