Transense Technologies plc (LON:TRT – Get Free Report) shares hit a new 52-week high on Monday following insider buying activity. The company traded as high as GBX 105 ($1.28) and last traded at GBX 106.44 ($1.30), with a volume of 45673 shares traded. The stock had previously closed at GBX 100 ($1.22).
Specifically, insider Melvyn Segal purchased 4,672 shares of the business’s stock in a transaction dated Monday, September 25th. The stock was bought at an average price of GBX 107 ($1.31) per share, for a total transaction of £4,999.04 ($6,104.58). 38.05% of the stock is owned by corporate insiders.
Transense Technologies Trading Up 5.0 %
The firm has a 50 day simple moving average of GBX 94.40 and a 200 day simple moving average of GBX 88.57. The company has a debt-to-equity ratio of 2.06, a quick ratio of 2.95 and a current ratio of 5.26. The firm has a market cap of £16.28 million, a P/E ratio of 1,500.00 and a beta of 0.36.
About Transense Technologies
Transense Technologies plc provides specialist sensor systems. Its products include the patent-protected Surface Acoustic Wave sensor technology that provides real time measurement of torque, temperature, and pressure, which is used to improve power, performance, and efficiency through condition monitoring and asset/predictive maintenance; iTrack technology used for monitoring the tire and vehicle performance of heavy-duty off-road vehicles; and tire testing equipment under the Translogik brand.
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