Transense Technologies (LON:TRT) Releases Earnings Results

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

Transense Technologies Stock Performance

Transense Technologies stock opened at GBX 63 on Tuesday. Transense Technologies has a fifty-two week low of GBX 62 and a fifty-two week high of GBX 178.90. The stock’s 50 day simple moving average is GBX 114.12 and its two-hundred day simple moving average is GBX 119.36. The company has a debt-to-equity ratio of 7.26, a quick ratio of 2.95 and a current ratio of 5.17. The stock has a market cap of £9.59 million, a price-to-earnings ratio of 6.98 and a beta of 0.38.

About Transense Technologies

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.