Transense Technologies (LON:TRT) Posts Earnings Results

Transense Technologies (LON:TRT) issued its quarterly earnings results on Tuesday. The company reported GBX 3.61 ($0.05) earnings per share (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 Stock Down 6.2 %

Shares of LON:TRT opened at GBX 129 ($1.62) on Thursday. 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 company has a quick ratio of 2.95, a current ratio of 5.17 and a debt-to-equity ratio of 7.26. The firm’s 50-day simple moving average is GBX 162.61 and its 200-day simple moving average is GBX 163.34. The company has a market cap of £19.21 million, a price-to-earnings ratio of 12.42 and a beta of 0.38.

Insider Buying and Selling at Transense Technologies

In related news, insider Ryan Maughan purchased 1,990 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average price of GBX 135 ($1.70) per share, for a total transaction of £2,686.50 ($3,380.52). 14.82% of the stock is owned by corporate insiders.

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.