Transense Technologies (LON:TRT) Sets New 52-Week High at $122.50

Transense Technologies plc (LON:TRT)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 122.50 ($1.54) and last traded at GBX 122.50 ($1.54), with a volume of 26542 shares trading hands. The stock had previously closed at GBX 116.50 ($1.46).

Transense Technologies Price Performance

The firm’s fifty day moving average price is GBX 101.60 and its 200-day moving average price is GBX 101.64. The company has a quick ratio of 2.95, a current ratio of 10.89 and a debt-to-equity ratio of 0.86. The stock has a market cap of £18.57 million, a P/E ratio of 1,059.09 and a beta of 0.31.

Insiders Place Their Bets

In other news, insider Ryan Maughan acquired 3,563 shares of the stock in a transaction dated Tuesday, April 30th. The stock was purchased at an average cost of GBX 98 ($1.23) per share, with a total value of £3,491.74 ($4,386.61). Insiders own 22.27% 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.