Transense Technologies (LON:TRT) Sets New 52-Week Low – Here’s What Happened

Transense Technologies plc (LON:TRT)’s share price hit a new 52-week low on Tuesday . The stock traded as low as GBX 40.50 and last traded at GBX 42, with a volume of 159569 shares trading hands. The stock had previously closed at GBX 43.50.

Transense Technologies Price Performance

The company has a 50 day moving average of GBX 46.85 and a two-hundred day moving average of GBX 55.05. The firm has a market cap of £6.00 million, a P/E ratio of 7.24 and a beta of 0.38. The company has a quick ratio of 2.95, a current ratio of 3.53 and a debt-to-equity ratio of 17.42.

Transense Technologies (LON:TRT) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (0.69) EPS for the quarter. Transense Technologies had a negative return on equity of 1.47% and a negative net margin of 2.27%. Sell-side analysts expect that Transense Technologies plc will post 11.0073382 EPS for the current year.

About Transense Technologies

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.