Transense Technologies (LON:TRT) Releases Quarterly Earnings Results

Transense Technologies (LON:TRT) released its quarterly earnings results on Wednesday. The company reported GBX (0.69) earnings per share for the quarter, Digital Look Earnings reports. Transense Technologies had a net margin of 16.10% and a return on equity of 12.05%.

Transense Technologies Trading Up 1.2%

TRT stock traded up GBX 0.50 during mid-day trading on Wednesday, reaching GBX 41. 40,039 shares of the stock traded hands, compared to its average volume of 50,310. Transense Technologies has a 52-week low of GBX 40 and a 52-week high of GBX 142.75. The stock’s fifty day moving average is GBX 47.02 and its 200-day moving average is GBX 55.26. The company has a market cap of £6.24 million, a P/E ratio of 7.54 and a beta of 0.38. The company has a current ratio of 4.43, a quick ratio of 2.95 and a debt-to-equity ratio of 10.90.

Transense Technologies Company Profile

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.