Transense Technologies (TRT) Announces Quarterly Earnings Results
Transense Technologies (LON:TRT) issued its quarterly earnings data on Wednesday. The company reported GBX (9.70) (($0.14)) earnings per share for the quarter, Digital Look Earnings reports. Transense Technologies had a negative return on equity of 44.45% and a negative net margin of 123.99%. The business had revenue of GBX 1,070 billion during the quarter.
Shares of Transense Technologies (LON:TRT) opened at GBX 51.75 ($0.73) on Friday. Transense Technologies has a 12 month low of GBX 47.22 ($0.66) and a 12 month high of GBX 115 ($1.61). The firm has a market cap of $4.00 and a PE ratio of -235.23.
Several analysts have weighed in on the stock. Beaufort Securities dropped their price objective on shares of Transense Technologies from GBX 150 ($2.10) to GBX 100 ($1.40) and set a “speculative buy” rating for the company in a research note on Wednesday. FinnCap reiterated a “corporate” rating on shares of Transense Technologies in a research note on Wednesday.
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Transense Technologies plc is engaged in the manufacture of electrical switchgear management systems. The Company’s segments include SAWsense and Translogik. The SAWSense segment designs and develops surface acoustic wave (SAW) sensor devices that can be used to measure torque, pressure and/or temperature.
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