Transense Technologies (LON:TRT) Announces Earnings Results

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

Transense Technologies Stock Performance

LON:TRT traded down GBX 0.50 during mid-day trading on Wednesday, hitting GBX 40. 44,859 shares of the company traded hands, compared to its average volume of 50,336. The stock’s fifty day moving average price is GBX 47.02 and its 200-day moving average price is GBX 55.26. Transense Technologies has a one year low of GBX 39.05 and a one year high of GBX 142.75. The firm has a market cap of £6.09 million, a price-to-earnings ratio of 7.35 and a beta of 0.38. The company has a quick ratio of 2.95, a current ratio of 4.43 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.