Transense Technologies (LON:TRT) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Transense Technologies plc (LON:TRTGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 122.11 and traded as low as GBX 65. Transense Technologies shares last traded at GBX 66, with a volume of 185,331 shares.

Transense Technologies Price 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 firm has a market capitalization of £10.05 million, a P/E ratio of 7.31 and a beta of 0.38. The company’s 50 day moving average price is GBX 119.53 and its 200 day moving average price is GBX 122.11.

About Transense Technologies

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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.

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