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Pin to quick picksTransense Share News (TRT)

Share Price Information for Transense (TRT)

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Share Price: 102.50
Bid: 100.00
Ask: 105.00
Change: 1.50 (1.49%)
Spread: 5.00 (5.00%)
Open: 100.00
High: 102.50
Low: 100.00
Prev. Close: 101.00
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Sector movers: GKN lifts auto stocks after Volvo Aero purchase

Thu, 05th Jul 2012 16:15

Engineering group GKN provided a boost to the automobiles and parts sector on Thursday after firm announced that it had agreed to acquire Volvo Aero.The group raised £140m this afternoon after completing a placing of 70m shares, with the funds going towards the £633m purchase of the aero engine division of AB Volvo. The remaining money it owes AB Volvo would come from new debt facilities, the firm said.GKN Chief Executive, Nigel Stein, said: "This is a highly attractive acquisition for GKN creating a market leader in aero engine components". Meanwhile, analysts at Investec said that the terms of the purchase were better than expected, with the acquisition price and equity raise both lower than some had predicted, while the forecasted returns are higher.Investec said that these terms will "allay lingering market fears that have weighed on the stock". Sector peers Torotrak and Transense Technologies were also giving the auto sector a boost today. Top performing sectors so far todayAutomobiles & Parts 4,842.13 +10.99%Mining 18,231.65 +0.90%Technology Hardware & Equipment 700.50 +0.71%Mobile Telecommunications 4,211.63 +0.67%Aerospace and Defence 3,800.56 +0.44%Bottom performing sectors so far todayIndustrial Metals & Mining 2,815.57 -2.28%Construction & Materials 3,443.71 -1.76%Chemicals 8,153.24 -1.36%Financial Services 4,793.97 -0.97%Fixed Line Telecommunications 2,501.16 -0.85%BC
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31 May 2012 12:40

Small caps round-up: Transense Tech, Surgical Innovations, Treveria...

Transense Technologies, a sensors specialist, has been informed by one of the world's largest mining companies that its iTrack Tyre Temperature and Pressure Monitoring System for mining and off-the-road vehicles has successfully completed field trials and is now an approved product for deployment in

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29 May 2012 08:37

Small cap round-up: ValiRx, Transense, Sweett

Shares in ValiRx, the life sciences firm, leapt almost 40% on Tuesday after it said independent trials had confirmed the effectiveness of its prostate cancer drug VAL201. The firm said the "significant and substantively important findings" showed its drug reduced the spread of secondary tumours by u

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11 Apr 2012 09:46

Small caps round-up: Top Level Domain, Transense, SkyePharma

Top Level Domain Holdings, which operates generic top-level domains, has revealed that is wholly-owned subsidiary, Minds and Machines, has been appointed by Dot London Domains (DLD), the official promotional organisation for London, to assist with DLD's application for the position of registry opera

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23 Mar 2012 12:22

Small caps round-up: Transense Tech, WH Ireland, Animalcare ...

Animalcare Group, a supplier of veterinary medicines, has said that its Project Quatto has received marketing authorisation from the Veterinary Medicines Directorate. The firm can now place the product on the market. The first sales are expected by the end of the current financial year. WH Ireland

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28 Feb 2012 15:46

Small caps round-up: RAM, Acta, Transense

RAM Active Media, an entertainment and information provider, has unveiled a five-year advertising sales contract win for its subsidiary, RAM Vision, with property owners, Lend Lease. RAM will provide advertising sales, scheduling, content and broadcasting at Bluewater shopping centre. The firm said

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24 Feb 2012 16:19

Sector movers: GKN drives automobiles sector higher

The automobiles and parts sector was the best performing category today, helped by a strong rise from heavyweight automotive and aerospace engineer GKN. Shares in GKN were around 3.3% higher before the close on Friday, helped by some positive commentary from UBS. The broker says that 2011 was a "t

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6 Feb 2012 10:18

Small caps round-up: Richland, Interior Services, Oracle Coal..

Richland Resources, the gemstone producer and developer, has upgraded the resource estimate for its tanzanite mining operation in Tanzania. The site has a Joint Ore Reserves Committee (JORC) indicated resource of 30.6m carats, JORC inferred resource of 74.4m carats, and a total inferred and indicate

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20 Oct 2011 11:12

Transense secures big deal with Pirelli

Shares in Transense Technologies leapt today after it announced a deal with Pirelli in Brazil to supply its tyre monitoring tools. The Oxfordshire-based firm said it's subsidiary, Translogik, had received an order for its commercial vehicle tyre inspection tools, and a number of its 'TruckSense' Ty

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26 Sep 2011 16:58

Sector movers: Insurers cheer enlarged European bailout rumours

Insurers have enjoyed a good day as hopes rise that European leaders are drawing up a €3tn (£2.6tn) plan to save the euro by recapitalising banks, giving more firepower to a bailout fund and allowing Greece to default on its debts. There are also rumours that investors will be expected to take a f

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26 Sep 2011 08:21

GM to use Transense technology

Sensors specialist Transense has announced that it will be partnering US car making colossus General Motors (GM) in an expansion of its Flexplate project, a sensor used in driving technology. The company describes the flexplate as an integral part of the vehicle powertrain control system which has

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26 May 2011 17:31

Transense posts loss after slow year

Pressure sensor maker, Transense Technologies, has posted its second consecutive annual loss and said progress in 2010 had been slower than expected. The firm racked up losses before tax of £1.5m in the 12 months to the end of December, roughly equal to its performance the year before. Revenues we

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30 Apr 2010 08:27

Small caps round-up: Commoditrade, Handmade, Hydrogen...

Commodity investor Commoditrade narrowed full-year losses to $14.7m from $40.9m in 2008, although revenue sank to $20.1m from $31.1m despite an improvement in the second half. "As a result of the significant changes made during the last year, Commoditrade is in a much stronger position to grow reve

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