Transense Technologies (LON:TRT) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Transense Technologies plc (LON:TRT) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 116.29 and traded as low as GBX 64. Transense Technologies shares last traded at GBX 64.50, with a volume of 69,825 shares traded.

Transense Technologies Stock Performance

The stock has a fifty day moving average price of GBX 106.32 and a two-hundred day moving average price of GBX 116.29. The company has a market cap of £9.74 million, a P/E ratio of 7.09 and a beta of 0.38. The company has a debt-to-equity ratio of 7.26, a current ratio of 5.17 and a quick ratio of 2.95.

Transense Technologies (LON:TRT) last issued its quarterly earnings data on Tuesday, February 17th. The company reported GBX 0.02 earnings per share (EPS) for the quarter. Transense Technologies had a return on equity of 30.05% and a net margin of 37.44%. On average, equities analysts forecast that Transense Technologies plc will post 11.0073382 earnings per share for the current fiscal year.

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.