Could Transense Technologies plc Change Direction After Today’s Huge Decline?

 Could Transense Technologies plc Change Direction After Today's Huge Decline?

The stock of Transense Technologies plc (LON:TRT) is a huge mover today! The stock decreased 1.74% or GBX 0.04 on November 10, hitting GBX 2.09. About 359,311 shares traded hands or 19.72% up from the average. Transense Technologies plc (LON:TRT) has risen 9139.13% since April 13, 2016 and is uptrending. It has outperformed by 9133.48% the S&P500.
The move comes after 7 months negative chart setup for the GBX 9.91M company. It was reported on Nov, 10 by Barchart.com. We have GBX 1.80 PT which if reached, will make LON:TRT worth GBX 1.39M less.

Transense Technologies plc is engaged in the manufacture of electrical switchgear management systems. The company has a market cap of 9.91 million GBP. The Company’s divisions include SAWsense and Translogik. It has a 5.6 P/E ratio. The SAWSense segment creates and develops surface acoustic wave sensor devices that can be used to measure torque, pressure and/or temperature.

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