Insider Buying: Transense Technologies (LON:TRT) Insider Acquires £9,890.86 in Stock

Key Points

  • Insider purchase: Ryan Maughan acquired 23,002 Transense Technologies shares at GBX 43 each, representing a total investment of £9,890.86.
  • Stock performance: Shares opened at GBX 45, up 2.3%, but remain well below their 52-week high of GBX 142.75 and above the 52-week low of GBX 36.
  • Financial results: Transense reported quarterly earnings of negative GBX 0.69 per share, alongside a negative net margin of 2.27% and negative return on equity of 1.47%.

Transense Technologies plc (LON:TRT - Get Free Report) insider Ryan Maughan acquired 23,002 shares of the firm's stock in a transaction on Monday, October 5th. The stock was purchased at an average cost of GBX 43 per share, for a total transaction of £9,890.86.

Transense Technologies Stock Up 2.3%

TRT stock opened at GBX 45 on Wednesday. The company has a debt-to-equity ratio of 17.42, a current ratio of 3.53 and a quick ratio of 2.95. The stock has a market capitalization of £6.85 million, a price-to-earnings ratio of 8.27 and a beta of 0.38. The business's fifty day moving average price is GBX 45.23 and its two-hundred day moving average price is GBX 53.23. Transense Technologies plc has a fifty-two week low of GBX 36 and a fifty-two week high of GBX 142.75.

Transense Technologies (LON:TRT - Get Free Report) last posted its earnings results on Wednesday, September 23rd. The company reported GBX (0.69) earnings per share for the quarter. Transense Technologies had a negative return on equity of 1.47% and a negative net margin of 2.27%. On average, equities analysts anticipate that Transense Technologies plc will post 11.0073382 earnings per share for the current year.

Transense Technologies Company Profile

(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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