Transense Technologies (LON:TRT) Releases Quarterly Earnings Results

Transense Technologies (LON:TRT) issued its quarterly earnings results on Tuesday. The company reported GBX 0.02 EPS for the quarter, Digital Look Earnings reports. Transense Technologies had a return on equity of 30.05% and a net margin of 37.44%.

Transense Technologies Trading Up 2.4%

Shares of Transense Technologies stock opened at GBX 64 on Tuesday. The company has a quick ratio of 2.95, a current ratio of 5.17 and a debt-to-equity ratio of 7.26. Transense Technologies has a 12-month low of GBX 62 and a 12-month high of GBX 178.90. The company has a market capitalization of £9.74 million, a price-to-earnings ratio of 7.09 and a beta of 0.38. The firm’s 50-day moving average price is GBX 114.12 and its two-hundred day moving average price is GBX 119.36.

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.