Transense Technologies (LON:TRT) Announces Quarterly Earnings Results

Transense Technologies (LON:TRT) announced its earnings results on Wednesday. The company reported GBX (0.69) EPS 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 Price Performance

Shares of TRT traded down GBX 0.50 during trading hours on Wednesday, hitting GBX 40. 44,859 shares of the stock were exchanged, compared to its average volume of 50,336. The company has a debt-to-equity ratio of 10.90, a quick ratio of 2.95 and a current ratio of 4.43. Transense Technologies has a 12-month low of GBX 39.05 and a 12-month high of GBX 142.75. The company has a market cap of £6.09 million, a price-to-earnings ratio of 7.35 and a beta of 0.38. The stock’s 50-day moving average price is GBX 47.02 and its two-hundred day moving average price is GBX 55.26.

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.