Transense Technologies (LON:TRT) Announces Earnings Results

Transense Technologies (LON:TRT) released its earnings results on Tuesday. The company reported GBX 3.61 ($0.05) EPS 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 Trading Down 6.2 %

Shares of LON:TRT opened at GBX 129 ($1.62) on Thursday. The company’s 50-day moving average price is GBX 162.61 and its two-hundred day moving average price is GBX 163.34. 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 has a one year low of GBX 90 ($1.13) and a one year high of GBX 194.90 ($2.45). The stock has a market capitalization of £19.21 million, a PE ratio of 12.42 and a beta of 0.38.

Insiders Place Their Bets

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

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.