Transense Technologies (LON:TRT) Issues Quarterly Earnings Results

Transense Technologies (LON:TRT) issued 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 net margin of 16.10% and a return on equity of 12.05%.

Transense Technologies Stock Performance

TRT opened at GBX 41 on Wednesday. The business’s 50-day simple moving average is GBX 47.02 and its 200 day simple moving average is GBX 55.26. Transense Technologies has a 52-week low of GBX 40 and a 52-week high of GBX 142.75. The company has a debt-to-equity ratio of 10.90, a quick ratio of 2.95 and a current ratio of 4.43. The firm has a market capitalization of £6.24 million, a PE ratio of 7.54 and a beta of 0.38.

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.