Transense Technologies (LON:TRT) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Transense Technologies plc (LON:TRTGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 130.98 and traded as low as GBX 130.50. Transense Technologies shares last traded at GBX 130.50, with a volume of 5,881 shares traded.

Transense Technologies Stock Down 5.1%

The stock has a market cap of £19.86 million, a PE ratio of 14.45 and a beta of 0.38. The company has a quick ratio of 2.95, a current ratio of 5.17 and a debt-to-equity ratio of 7.26. The firm has a fifty day moving average of GBX 122.41 and a 200 day moving average of GBX 130.98.

About Transense Technologies

(Get Free Report)

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.

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