Transense Technologies plc (LON:TRT) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 89 ($1.16) and last traded at GBX 88.11 ($1.15), with a volume of 13515 shares. The stock had previously closed at GBX 86.50 ($1.13).
Separately, FinnCap reissued a “corporate” rating on shares of Transense Technologies in a research report on Thursday, September 26th.
The firm has a market capitalization of $14.37 million and a PE ratio of -7.94. The company’s 50-day moving average price is GBX 77.89 and its 200-day moving average price is GBX 69.93.
Transense Technologies plc develops, manufactures, and sells wireless and battery-less sensor systems using surface acoustic wave technology primarily in the United Kingdom. It operates through two segments, SAWsense and Translogik. The company offers tire management solutions for the mining, earth-moving, and construction environments, which include wireless tire temperature and pressure monitoring systems, tread depth, and pressure and temperature data collection tools for truck, bus, and off-the-road vehicle tire inspections; and radio frequency identification tags, patches, and UHF readers for tires and general asset tracking.
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