Transense Technologies (LON:TRT) Stock Price Down 10.9% – Time to Sell?

Transense Technologies plc (LON:TRT) fell 10.9% on Tuesday . The company traded as low as GBX 125.25 ($1.58) and last traded at GBX 135 ($1.70). 144,200 shares changed hands during trading, an increase of 337% from the average session volume of 33,010 shares. The stock had previously closed at GBX 151.50 ($1.91).

Transense Technologies Stock Down 6.9 %

The stock has a market capitalization of £19.06 million, a price-to-earnings ratio of 12.32 and a beta of 0.38. The business has a 50-day moving average of GBX 162.61 and a 200-day moving average of GBX 163.34. The company has a debt-to-equity ratio of 7.26, a quick ratio of 2.95 and a current ratio of 5.17.

Transense Technologies (LON:TRT) last announced its earnings results on Tuesday, February 18th. The company reported GBX 3.61 ($0.05) earnings per share for the quarter. Transense Technologies had a net margin of 37.44% and a return on equity of 30.05%. On average, sell-side analysts expect that Transense Technologies plc will post 11.0073382 EPS for the current year.

Insider Buying and Selling at Transense Technologies

In other news, insider Ryan Maughan bought 3,025 shares of the company’s stock in a transaction on Wednesday, January 8th. The stock was bought at an average cost of GBX 165 ($2.08) per share, with a total value of £4,991.25 ($6,280.67). 14.82% of the stock is owned by corporate insiders.

About Transense Technologies

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.