Transense Technologies (LON:TRT) Share Price Crosses Above Two Hundred Day Moving Average of $129.32

Transense Technologies plc (LON:TRT)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Transense Technologies Stock Performance

The company has a current ratio of 10.89, a quick ratio of 2.95 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average price is GBX 154.09 and its 200 day moving average price is GBX 129.32. The company has a market capitalization of £25.11 million, a price-to-earnings ratio of 1,500.00 and a beta of 0.38.

Insider Buying and Selling at Transense Technologies

In related news, insider Melvyn Segal acquired 4,761 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was bought 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.

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.