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Transense Technologies PLC ( (GB:TRT) ) has issued an announcement.
Transense Technologies PLC has introduced more affordable versions of its Translogik TLGX3 and TLGX4 tyre inspection tools, aiming to make connected tyre management more accessible to fleets, OEMs, and service providers. These tools, which read tyre pressure, tread depth, and RFID tags, are designed to enhance accuracy, efficiency, and compliance, supporting the adoption of AI-driven fleet management solutions. By reducing costs, Transense addresses previous barriers to adoption, providing scalable solutions that meet current compliance and efficiency demands while preparing for future connected tyre ecosystems.
The most recent analyst rating on (GB:TRT) stock is a Hold with a £154.00 price target. To see the full list of analyst forecasts on Transense Technologies PLC stock, see the GB:TRT Stock Forecast page.
Spark’s Take on GB:TRT Stock
According to Spark, TipRanks’ AI Analyst, GB:TRT is a Neutral.
Transense Technologies PLC’s overall stock score is influenced primarily by its strong financial performance and positive corporate developments, including strategic partnerships and leadership’s increased stake. However, the bearish technical indicators and lack of dividend yield temper the overall score.
To see Spark’s full report on GB:TRT stock, click here.
More about Transense Technologies PLC
Transense Technologies PLC is a UK-based developer of advanced sensor systems for industrial and automotive applications. Through its SAWsense and Translogik business divisions, the company delivers innovative technology for measuring torque, temperature, and tyre performance in demanding environments. Transense is listed on the AIM market of the London Stock Exchange and is headquartered in Oxfordshire.
Average Trading Volume: 10,518
Technical Sentiment Signal: Hold
Current Market Cap: £20.17M
For detailed information about TRT stock, go to TipRanks’ Stock Analysis page.