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

Transense Technologies Stock Down 0.3%

LON:TRT opened at GBX 40.38 on Wednesday. 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 has a 12-month low of GBX 40 and a 12-month high of GBX 142.75. The stock’s fifty day simple moving average is GBX 47.02 and its 200-day simple moving average is GBX 55.26. The firm has a market capitalization of £6.15 million, a P/E ratio of 7.42 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.