Is Transense Technologies plc a Sell? The Stock Declines Again

 Is Transense Technologies plc a Sell? The Stock Declines Again

The stock of Transense Technologies plc (LON:TRT) is a huge mover today! The stock decreased 10.35% or GBX 11 on November 24, hitting GBX 95.25. About 10,068 shares traded hands. Transense Technologies plc (LON:TRT) has risen 57.41% since April 27, 2016 and is uptrending. It has outperformed by 52.00% the S&P500.
The move comes after 9 months negative chart setup for the GBX 9.43 million company. It was reported on Nov, 24 by Barchart.com. We have GBX 89.54 PT which if reached, will make LON:TRT worth GBX 565,800 less.

Transense Technologies plc is engaged in the manufacture of electrical switchgear management systems. The company has a market cap of 9.43 million GBP. The Company’s divisions include SAWsense and Translogik. It has a 5.11 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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