Transense Technologies (LON:TRT) Issues Quarterly Earnings Results

Transense Technologies (LON:TRT) released its quarterly earnings results on Wednesday. The company reported GBX (0.69) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Transense Technologies had a negative net margin of 2.27% and a negative return on equity of 1.47%.

Transense Technologies Stock Performance

Shares of Transense Technologies stock traded down GBX 0.17 during trading on Friday, reaching GBX 39.33. The company’s stock had a trading volume of 499 shares, compared to its average volume of 49,931. The company has a quick ratio of 2.95, a current ratio of 3.53 and a debt-to-equity ratio of 17.42. The business’s 50-day moving average price is GBX 46.66 and its 200-day moving average price is GBX 54.84. Transense Technologies has a 52 week low of GBX 39 and a 52 week high of GBX 142.75. The firm has a market cap of £5.99 million, a PE ratio of 7.23 and a beta of 0.38.

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.