Transense Technologies (LON:TRT) Share Price Crosses Below 200 Day Moving Average of $101.22

Transense Technologies plc (LON:TRT)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 101.22 ($1.25) and traded as low as GBX 92.25 ($1.14). Transense Technologies shares last traded at GBX 94.50 ($1.17), with a volume of 44,815 shares.

Transense Technologies Stock Down 0.5 %

The firm has a market capitalization of £14.44 million, a P/E ratio of 859.09 and a beta of 0.34. The company has a debt-to-equity ratio of 0.86, a current ratio of 10.89 and a quick ratio of 2.95. The business has a 50 day moving average price of GBX 100.96 and a 200 day moving average price of GBX 101.22.

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.