Transense Technologies (LON:TRT) Announces Earnings Results

Transense Technologies (LON:TRT) issued its quarterly earnings results on Tuesday. The company reported GBX 3.61 ($0.05) 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

Shares of TRT stock traded down GBX 7.60 ($0.10) during mid-day trading on Thursday, hitting GBX 129.90 ($1.63). The stock had a trading volume of 73,338 shares, compared to its average volume of 39,613. Transense Technologies has a fifty-two week low of GBX 90 ($1.13) and a fifty-two week high of GBX 194.90 ($2.45). The firm has a market cap of £19.34 million, a PE ratio of 12.51 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. The company’s 50-day simple moving average is GBX 162.61 and its 200-day simple moving average is GBX 163.34.

Insider Transactions at Transense Technologies

In related news, insider Ryan Maughan acquired 1,990 shares of Transense Technologies stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average price of GBX 135 ($1.70) per share, for a total transaction of £2,686.50 ($3,380.52). Company insiders own 14.82% of the company’s stock.

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.